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Mitsubishi UFJ Acquires 21% Stake in Morgan Stanley HW+

Oct 13, 2008By Kelly Curran

Mitsubishi UFJ Financial Group, Inc. [stock MTU][/stock] announced Monday it closed on a $9 billion equity investment in New York-based Morgan Stanley [stock MS][/stock], giving the Japanese bank a 21 percent ownership stake in the investment banking firm.

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