Who Bought Dean Witter?
The Morgan Stanley Group, One of Wall Street's Elite Investment Firms, and Dean Witter, Discover & Company, Which Sells Stocks and Bonds to Small Investors...
The Morgan Stanley Group, one of Wall Street's elite investment firms, and Dean Witter, Discover & Company, which sells stocks and bonds to small investors, agreed to merge yesterday into the world's biggest securities company in a transaction valued at $10.2 billion.
When did Morgan Stanley buy Dean Witter?
In 2005, Morgan Stanley was facing a series of crises stemming from its 1997 merger with Dean Witter, Discover & Co.
Who acquired Dean Witter Reynolds?
Sears, Roebuck & Company, the nation's biggest retail store chain, announced yesterday that it would buy Dean Witter Reynolds Inc., the fifth-largest brokerage house, for about $607 million in cash and stock.