Tag Archives: acquisition

The first citizens to buy CIT Group

First Citizens Bankshares Inc. FCNCB 16.66% Said on Friday that it plans to buy CIT Group Inc. C.I.T. 27.94% In all-stock deals worth about 2 2.7 billion. The combination of New York City-based Raleigh, NC and CIT-based First Citizens Will create more than 100 billion in assets from one of …

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Morgan Stanley will buy Eaton Vance for 7 billion

Morgan Stanley M.S. 2.03% It said it was buying fund manager Eaton Vance for billion 1 billion just days after completing the takeover of discount broker E * Trade Financial Corp. to continue to move away from trading toward stable and simple businesses such as the company’s money management. The …

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