Mitsubishi UFJ buys 21 pct stake in Morgan Stanley

Mitsubishi UFJ gets better deal after Morgan shrs tumble * Deal to include only convertible preference shares * Reports say US government may protect MUFG stake (Reflects companies' announcement of new deal terms) By Joseph A. Giannone NEW YORK, Oct 13 (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T: ) said on Monday it bought a stake in beaten-down Morgan Stanley (MS.N: ), though at more favorable terms, as the U.S. government reportedly offered to support the Japanese bank's investment.... [read full story]                    

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