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MORGAN STANLEY IS ACQUIRING ONLINE E TRADE FOR $13 BILLION

Published On 21 Feb 2020 04:48 AM

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Highlights

It will be an all-stock deal
It will enhance Morgan Stanley's wealth management unit
E-Trade CEO Mike Pizzi will remain with the company and operate the business for Morgan Stanley

Morgan Stanley is acquiring online broker E-Trade for $13 billion. It will be an all-stock deal. The deal comes approximately three months after E-Trade rivals Charles Schwab a....

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Tags : Morgan Stanley, US, E Trade, Deal,

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MORGAN STANLEY IS ACQUIRING ONLINE E TRADE FOR $13 BILLION

Published On 21 Feb 2020 04:48 AM

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