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Morgan Stanley may wait on Smith Barney

Authors :
Lucchetti, Aaron
Philbin, Brett
Source :
The Wall Street Journal Eastern Edition. Nov 4, 2010, pC1, 1 p.
Publication Year :
2010

Abstract

Morgan Stanley has a deal to acquire the 49% of Smith Barney Inc. that it doesn't own by 2014. It is considering holding off on the deal for a while in order to have cash to meet capital requirements. The deal calls for Morgan Stanley to increase its holding to 100% by the process of three installments which will start in 2012.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.241247538