Dear Eaton Vance Corp. Stockholder:Merger Agreement • January 19th, 2021 • Morgan Stanley • Security brokers, dealers & flotation companies
Thank you for your support as we work toward completing the acquisition by Morgan Stanley (“Morgan Stanley”) of Eaton Vance Corp. (“Eaton Vance”). On October 7, 2020, Morgan Stanley, Mirror Merger Sub 1, Inc., a wholly owned subsidiary of Morgan Stanley (“Merger Sub 1”), Mirror Merger Sub 2, LLC, a wholly owned subsidiary of Morgan Stanley (“Merger Sub 2”), and Eaton Vance entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which, upon the terms and subject to the conditions set forth in the Merger Agreement, among other things, as steps in a single, integrated transaction, (i) Merger Sub 1 will merge with and into Eaton Vance, with Eaton Vance surviving as a wholly owned subsidiary of Morgan Stanley (the “First Merger”), and (ii) immediately following the First Merger and as part of the same overall transaction, Eaton Vance will merge with and into Merger Sub 2 (the “Second Merger”, and together with the First Merger, the “Mergers”) with Merger Sub 2 surv
