Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal By Reuters
(Reuters) – Morgan Stanley (N:) will receive a $375 million breakup fee if E*Trade Financial Corp (O:) walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday. On Thursday, Morgan Stanley entered into a deal to buy E*Trade, the biggest acquisition by aRead More →