BROWN DEER, Wis. - Metavante Corp., formerly M&I Data Services, has filed to offer 16.5 million common shares at $11 to $13 each in the initial public offering announced in July.

Metavante, the data processing unit of Marshall & Ilsley Corp., said it expects to raise about $182 million in net proceeds from the IPO, $100 million of which it will keep after repaying an intercompany loan from M&I, according to the filing.

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