Owners
2020: Morgan Stanley buys the company for $7 billion
In October, 2020 the American bank Morgan Stanley agreed about Eaton Vance purchase approximately for 7 billion dollars, says bank.
Under the terms of the agreement, calculation for the transaction will be performed in money and actions. In particular, shareholders of Eaton Vance will receive 28.25 dollars in cash for each stock and 0.5833 ordinary stocks of Morgan Stanley.
Thus, the cost of one security of Eaton Vance is estimated approximately at 56.5 dollars. Closing of the transaction is expected in the second quarter 2021.