Morgan Stanley (MS) To Acquire Eaton Vance (EV)
Morgan Stanley (MS) announced that they are planning to acquire Eaton Vance (EV) at a premium to the closing price on Wednesday. Eaton Vance shares went up over 48% on Thursday. I am pretty sure this is close to the all-time-highs for Eaton Vance that were reached in early 2018.Q2 2020 hedge fund letters, conferences and moreDetails Of Morgan Stanley Acquiring Eaton VanceShareholders of Eaton Vance will receive $28.25/share in cash and 0.5833 shares of Morgan Stanely for every share of Eaton Vance that they own. The deal is expected to close by the second quarter of 2021. Before the deal close...