Morgan Stanley is buying E*Trade Financial Corp. in a $13 billion deal that will reshape the storied investment bank and firmly stake its future on managing money for regular people.
The all-stock takeover, announced Thursday, will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the backs of dot-com day traders. It is the biggest takeover by a giant U.S. bank since the 2008 crisis.
$360 billion in assets but sells for $13 billion
Shit, better cash out my $8 in my E*TRADE account. Lol
Good! Hopefully etrade can get they shit together and stop screwing shareholders with BS buying restrictions like $GGSM or what they did to $VRUS for months last year!
Someone please save the E-trade Baby™ from humorless bulge bracket senior management.
Retail traders get fucked by Wall Street..
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Morgan Stanley buying E-Trade for about $13 billionIn the all-stock deal announced Thursday, E-Trade shareholders will receive 1.0432 Morgan Stanley shares for each share they own. How Nice for them... Next. You edited the upload of the debate to cut out bermie being the only one saying most votes win. You're fascists
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Morgan Stanley is buying E-Trade for $13 billionMorgan Stanley is buying online broker E-Trade for $13 billion in an all-stock deal, a move that shows how serious the Wall Street giant is about catering to everyday consumers. Everyday consumers don't use E-Trade or anything like it. They can't afford to play around with stocks you assholes. Morgan Stanley is buying E- Trade for $13 billion in all- stock deal. The all- stock takeover adds E- Trade's $360 billion of clients assets to Morgan Stanley's $2.7 trillion worth of assets.
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Here's why Morgan Stanley is spending $13 billion to buy E-TradeMorgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses. Fines, charges, fees coming along with big fat 0% for now but why? Can’t wait to see how many people get laid off to level the books after this $13 billion deal Predictable
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Morgan Stanley reportedly to buy E-Trade for $13 billionApes hit 🙄 😷
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Morgan Stanley to buy E*Trade Financial in $13 billion dealMorgan Stanley said on Thursday it would buy discount brokerage E*Trade Financia... Gonna have to take a sledgehammer to these massive corporate monopolies. ewarren would never have permitted this. TooBigToFail BackWhereWeStarted
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