Morgan Stanley Wins U.S. Antitrust Approval for E*Trade

Morgan Stanley won U.S. antitrust approval for its $13 billion acquisition of discount brokerage E*Trade Financial Corp., according to a person familiar with the matter.

The Justice Department’s antitrust division has signed off on the takeover without requiring any changes, said the person, who asked not to be identified because the decision hasn’t been made public. A Morgan Stanley spokesman declined to comment.