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Marshall & Ilsley Corp. (Milwaukee, WI) ,the #2 banker in Wisconsin, has agreed to acquire #3, Valley Bancorp (Appleton, W1), Marshall will then be #l in the state, replacing Firstar Corp. Marshall will swap 1.72 common shares for each Valley share. Based on Marshall's closing stock price on the day of the announcement ($21.75 per share on 9/20), the transaction is valued at $760.1 million, or $37.41 per share for all of Valley's 20.318 million common shares outstanding.