Date:19/09/2008 URL: http://www.thehindu.com/2008/09/19/stories/2008091957781800.htm
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Business

Morgan Stanley seeks deal with Wachovia


NEW YORK: Morgan Stanley’s stock price plunged again on Thursday as the investment bank scrambled to strike a major deal or raise more cash that will assuage investors and prevent more damage to its free-falling shares.

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