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Home Deal Announcements

Morgan Stanley to Buy E-Trade for $13B

bynadine
February 21, 2020
in Deal Announcements

The New York Times reported that Wall Street giant Morgan Stanley has signed an agreement to purchase discount brokerage E-Trade.

According to the Times the $13 billion sale is the biggest takeover by a major American lender since the 2008 global financial crisis.

https://www.abfjournal.com/wp-admin/post-new.php?post_type=dailynews#edit_timestamp

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