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Morgan Stanley

Morgan Stanley to acquire E*TRADE in an all-stock transaction valued at approximately $13 billion

February 20, 2020 By admin Leave a Comment

Morgan Stanley (NYSE: MS) and E*TRADE Financial Corporation (NASDAQ: ETFC) have entered into a definitive agreement under which Morgan Stanley will acquire E*TRADE, a leading financial services company and pioneer in the online brokerage industry, in an all-stock transaction valued at approximately $13 billion. Under the terms of the agreement, E*TRADE stockholders will receive … [Read more...] about Morgan Stanley to acquire E*TRADE in an all-stock transaction valued at approximately $13 billion

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