MORGAN STANLEY BUYING EATON VANCE IN DEAL VALUED AT $7B
Techlife News|Techlife News #467
MORGAN STANLEY BUYING EATON VANCE IN DEAL VALUED AT $7B
Morgan Stanley will buy the investment management firm Eaton Vance in a deal valued at about $7 billion.

Morgan Stanley has actively gone after potential targets this year. The prosed acquisition Thursday comes just days after it closed on one of the biggest deals on Wall Street since the 2008 financial crisis, the $13 billion takeover of E-Trade Financial.

Eaton Vance, based in Boston, has over $500 billion in assets under management.

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Techlife News #467