4 Merger and Acquisitions Stock Stories for Friday Enjoyment
Morgan Stanley (NYSE:MS): Current price $23.38
Morgan Stanley reports that it has purchased a Moscow shopping mall, marking the heftiest acquisition of a Russian retail property. A fund managed by Morgan Stanley bought Metropolis Shopping and Entertainment Mall from Capital Partners, the Kazakh developer that launched the property in 2009. On Friday, two knowledgeable sources said that Morgan Stanley paid around $1.2 billion for the mall.
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