How to stop BackgroundWorker on Form's Closing event?

I have a form that spawns a BackgroundWorker, that should update form's own textbox (on main thread), hence Invoke((Action) (...)); call.
If in HandleClosingEvent I just do bgWorker.CancelAsync() then I get ObjectDisposedException on Invoke(...) call, understandably. But if I sit in HandleClosingEvent and wait for bgWorker to be done, than .Invoke(...) never returns, also understandably.

Any ideas how do I close this app without getting the exception, or the deadlock?

Following are 3 relevant methods of the simple Form1 class:

    public Form1() {
        InitializeComponent();
        Closing += HandleClosingEvent;
        this.bgWorker.RunWorkerAsync();
    }

    private void backgroundWorker1_DoWork(object sender, DoWorkEventArgs e) {
        while (!this.bgWorker.CancellationPending) {
            Invoke((Action) (() => { this.textBox1.Text = Environment.TickCount.ToString(); }));
        }
    }

    private void HandleClosingEvent(object sender, CancelEventArgs e) {
        this.bgWorker.CancelAsync();
        /////// while (this.bgWorker.CancellationPending) {} // deadlock
    }