More on Morgan Stanley Smith Barney (MSSB): A portion of the purchase will be carried out...

|About: Morgan Stanley (MS)|By:, SA News Editor

More on Morgan Stanley Smith Barney (MSSB): A portion of the purchase will be carried out imminently, but maybe of most interest is neither company taking chances with MSSB's valuation 3 years out. Morgan (MS) has until June 2015 to purchase the final 35% from Citi (C) at the same $13.5B valuation. (PR)