Morgan Stanley to buy Eaton Vance for $7 billion in investment-management push - Reuters

Morgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday. https://www.reuters.com/article/eaton-vance-m-a-morgan-stanley-idUSKBN26T2SN