Morgan Stanley Increases Stake In MSSB By 14% (MS)
Via Bloomberg's Rick Green:
Morgan Stanley plans to buy an additional 14 percent stake in the Morgan Stanley Smith Barney Holdings LLC brokerage from Citigroup Inc.
The purchase price will be determined over a 90-day period, according to a statement today from New York-based Morgan Stanley, which currently owns 51 percent.
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
consumer debt advocate consumer debt collection consumer debt relief consumer debt settlement