4 Merger and Acquisition Stock Stories for Wednesday Due Diligence

Morgan Stanley (NYSE:MS): Closing price $22.29

The Wall Street firm will divest its wealth management units in Europe, excluding Switzerland, the Middle East and Africa, to Credit Suisse, which  announced that it has inked an agreement to that effect. The divisions with an aggregate of more than $13 billion in assets under management are based in the United Kingdom, Italy and Dubai, and serve predominantly international Ultra High Net Worth and High Net Worth clients across Europe. The acquired units will be integrated into Credit Suisse’s Private Banking & Wealth Management division. The purchase is structured as an asset transaction for those involved, and should close later in 2013.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

MS

Yahoo! (NASDAQ:YHOO): Closing price $23.59

It was last week when Amir Efrati and Sam Shechner at The Wall Street Journal said that Yahoo was nearing the acquisition of a controlling interest in the YouTube version for Europe, Dailymotion, valued in the ballpark of $300 million. BusinessInsider says that “we cannot confirm that the deal is done – but we can say that two separate sources, one, close to Yahoo, another, involved in the deals space, believe the deal is as good as done, and talked to us as though it was.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

YHOO

 Protective Life Corporation (NYSE:PL): Closing price $35.78

The American insurer leads the bidding to buy some of AXA’s United States life insurance assets in a transaction that could be valued at approximately $1 billion, said two knowledgeable sources, who went on to tell Reuters that AXA hired Morgan Stanley in 2012 to help find a buyer for the assets, among which include remnants of the Mony Group units that it bought in 2004.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

PL

Microsoft Corporation (NASDAQ:MSFT): Current price $28.37

Microsoft is in discussions to divest its IPTV unit to Ericsson, and a deal could be announced in a few weeks, says Bloomberg, citing inside sources. The report notes that the division makes software used by phone companies that include AT&T to deliver television over the Internet.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

MSFT

Don’t Miss: Will Mortgage Applications Keep the Housing Recovery on Track?