Despite the likelihood of immediate paper losses, Mitsubishi UFJ (MTU) says it plans to forge...

|By:, SA News Editor

Despite the likelihood of immediate paper losses, Mitsubishi UFJ (MTU) says it plans to forge ahead with its $9B/21% stake in Morgan Stanley (MS), and expects the deal to close Tuesday. Investors remain unimpressed: -3.8% premarket after falling 28.9% Thursday.