Morgan Stanley agrees to buy Solium Capital at 43% premium
Purchase will allow Morgan advisers to court tech workers as they start to accumulate wealth
Morgan Stanley agreed to buy Solium Capital Inc. in a bid to add younger clients and tech startups to its stock-plan administration business.
The firm will pay $19.15 (Canadian dollars) a share in cash, according to a statement Monday, or about 43% higher than Solium's closing price on Friday. The
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