- Reuters•2 hours ago
Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help find potential buyers or partners, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music Group, made the bid along with Russian billionaire Leonard Blavatnik and Israeli businessman Ynon Kreiz, according to the New York Post.
- The Wall Street Journal•2 hours ago
Time Inc. hired banks to help field takeover or partnership interest after the country’s largest magazine publisher received overtures from a group of media investors including Edgar Bronfman Jr.
- Investopedia•6 hours ago
Banks are buying "blocks" of listed shares and trying to flip them for a profit.
MS : Summary for Morgan Stanley Common Stock - Yahoo Finance
Morgan Stanley (MS)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||43.60 x 100|
|Ask||43.72 x 400|
|Day's Range||42.70 - 43.72|
|52 Week Range||21.16 - 43.72|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||17.52|
|Dividend & Yield||0.80 (1.90%)|
|1y Target Est||N/A|