BMO to Buy First National Bank & Trust

BMO Capital Markets, 28 September 2006Details & AnalysisHarris Bank, BMO?'s U.S. operation, announced yesterday that it has entered into an agreement to acquire First National Bank & Trust, a privately held bank with 32 branches in and around Indianapolis. The purchase price is US$290 million, and we believe it marks the first meaningful thrust for Harris into a new geographic market since the