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Reuters: Morgan Stanley talks to China's CIC, Wachovia: sources

Started by chris, September 19, 2008, 02:00:46 AM

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chris

Morgan Stanley talks to China's CIC, Wachovia: sources
      


NEW YORK (Reuters) - Morgan Stanley , its shares and debt battered by anxious investors, is in talks to sell a larger equity stake to China Investment Corp at the same time it is in merger talks with Wachovia Corp  and other banks, two people familiar with its plans said on Thursday.
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