Morgan Stanley to buy online-brokerage giant E-Trade for $13 billion

Business Insider

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· *Morgan Stanley agreed on Thursday to acquire the online brokerage E-Trade for $13 billion in an all-stock transaction.*
· *The takeover will help Morgan Stanley offer self-service and workplace services to clients, the company said in a statement.*
· *The $360 billion in client assets held by E-Trade will be added to...

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