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 »

Source: http://feedproxy.google.com/~r/businessinsider/~3/2RDqBtRNG6Y/morgan-stanley-adding-14-to-their-morgan-stanley-smith-barney-stake-2012-5

consumer debt advocate consumer debt collection consumer debt relief consumer debt settlement