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

5:20am PST - February 20th, 2020    netflix stock - Business Insider

Morgan Stanely agreed on Thursday to acquire 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 of…