Morgan Stanley Jem Aswad-Senior Music Morgan Stanley Jem Aswad-Senior

Morgan Stanley Acquires 2.34 Million Shares of Warner Music Group, Worth $105 Million

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variety.com

Jem Aswad Senior Music EditorOn a day that has been remarkably good for music companies on stock markets, Warner Music Group — which saw its stock climb thanks in part to Universal Music’s lofty IPO — on Tuesday announced the sale of an aggregate of 2,340,000 shares of the company’s common stock by affiliates of Access Industries to Morgan Stanley & Co.

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