Morgan Stanley to Acquire Eaton Vance - Conference Call Transcript
Good morning, everyone. James Gorman here. Thank you for joining us on short notice. Here with me is Tom Faust, the Chairman and CEO of Eaton Vance; Dan Simkowitz, the Head of Morgan Stanley Investment Management; and Jon Pruzan, our CFO; and we'll be delighted to take your questions after some introductory comments around a few slides that we've put together.
Appreciate it's a busy morning. (Operator Instructions) And then if we have time, if anybody wants to stay on the line, you can come back and ask questions at the end, and we will go the full hour.
It's obviously been an exciting few days here at Morgan Stanley, and I'm sure, for Tom and his team at Eaton Vance. But specifically, we've had a lot going on. We closed the E*TRADE deal last week. We received the upgrade from Moody's on Friday. And then this morning, we are pleased to announce the advancement of our transformation by entering into a definitive agreement to acquire Eaton Vance. This transaction will create a leading global asset manager with $1.2 trillion of
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