3 Merger and Acquisitions Stock Stories For Friday Diligence
Morgan Stanley (NYSE:MS): Current price $21.82
The buyout company Apax Partners and Morgan Stanley’s private equity unit are examining a sale of the insurance brokerage Hub International that could be valued at roughly $2 billion, according to two inside sources reporting this week. A potential sale of Hub would be six years after Apax and Morgan Stanley Principal Investments took it private for $1.8 billion, including $145 million of debt.
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