Created Wed 17th Sep 6:43pm PDT by
manilamaverick
All questions » Business » Deals » 
Will Morgan Stanley merge or be acquired by another company before December 31, 2008?
Current forecast: 72% chance
2%
2%
Combining all predictions, the current forecast is that this is 72% likely to happen (down 2% in last 1 day)
Morgan Stanley Said to Mull Deal; Wachovia Calls Mack
By Christine Harper and Jonathan Keehner
Sept. 17 (Bloomberg) -- Morgan Stanley is weighing a merger with Wachovia Corp. and several other banks as the securities firm seeks to regain investor confidence after its shares sank 42 percent this week, people familiar with the matter said.
John Mack, Morgan Stanley's chief executive officer, received a call from Wachovia today indicating interest, said one person, who declined to be identified because the talks aren't public and may end without an agreement. Such a deal is one option being considered and the New York-based firm also is seeking ways to limit short sales of its stock, said the person. CNBC reported that Morgan Stanley is in talks to possibly be acquired by China's Citic Group, citing an unidentified person.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aKe4HMSOe8no&refer=home
As stated in comments by the question creator:
Announcement of a merger or acquisition should be the trigger to settle this question.
Suspension of the question will occur at the time of any announcement or the end of the market period, 12/31/08. This question is to be settled upon the announcement of a merger or acquisition by another company. The announce deal does not have to be completed by 12/31/08. Even if the deal falls through, the announcement alone is enough to settle the question. It must be a total merger or acquisition or merger to settle as YES, partial sales of segments of the company will not qualify. In the case of bankruptcy the market will continue to its suspension date because an announcement might still be made in spite of the bankruptcy development.
By Christine Harper and Jonathan Keehner
Sept. 17 (Bloomberg) -- Morgan Stanley is weighing a merger with Wachovia Corp. and several other banks as the securities firm seeks to regain investor confidence after its shares sank 42 percent this week, people familiar with the matter said.
John Mack, Morgan Stanley's chief executive officer, received a call from Wachovia today indicating interest, said one person, who declined to be identified because the talks aren't public and may end without an agreement. Such a deal is one option being considered and the New York-based firm also is seeking ways to limit short sales of its stock, said the person. CNBC reported that Morgan Stanley is in talks to possibly be acquired by China's Citic Group, citing an unidentified person.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aKe4HMSOe8no&refer=home
As stated in comments by the question creator:
Announcement of a merger or acquisition should be the trigger to settle this question.
Suspension of the question will occur at the time of any announcement or the end of the market period, 12/31/08. This question is to be settled upon the announcement of a merger or acquisition by another company. The announce deal does not have to be completed by 12/31/08. Even if the deal falls through, the announcement alone is enough to settle the question. It must be a total merger or acquisition or merger to settle as YES, partial sales of segments of the company will not qualify. In the case of bankruptcy the market will continue to its suspension date because an announcement might still be made in spite of the bankruptcy development.
Settlement details:
As reported by a major mainstream news source.
Make your prediction!
|
|
Yes |
|
|||
|
|
No |
|
Activity: H$31,577
Question suspends in 5 weeks
Suspend date: Wed 31st Dec 11:59pm PST (5 weeks to go)
Initial likelihoods: Yes: 50%
Action history:
Created Wed 17th Sep 6:43pm PDT by
manilamaverick
Suspend date: Wed 31st Dec 11:59pm PST (5 weeks to go)
more info...
Predictions (19)
19 predictions
Comments (3)
What is Hubdub?
Hubdub makes news more exciting by letting you stake virtual dollars on the outcomes of real running news stories.
Join now or learn moreRelated News
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
USA Today 1 week ago
NEW YORK - Morgan Stanley (MS) on Wednesday announced plans to cut 10% of the staff in its biggest business, which covers everything from investment banking to stock trading. The nation's No. 2
score: 10
San Francisco Chronicle 1 week ago
inside the institutional securities group follow a 10 percent cut made earlier this year to the same group. Morgan Stanley also plans to restructure its money management business by cutting 9 percent of the staff there. It was not immediately clear how
score: 10
Morningstar.com 3 weeks ago
Citigroup Inc. (C) to sell the Charlotte bank began two weeks before the initial fire sale was announced. Wells Fargo & Co.(WFC), which snatched Wachovia away from Citi, disclosed details of the deal in its merger filing with the Securities and Exchange
score: 10
Wall Street Journal Online 5 weeks ago
Extract not available.
score: 10
MarketWatch 5 weeks ago
NEW YORK (MarketWatch) -- Is this the momentum-swinger Morgan Stanley has been waiting for? Mitsubishi UFJ Financial Group (MTU:MTUNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) said it




Please log in or join to add a comment