Morgan Stanley (NYSE:MS) stands to collect $120M if Bayer (OTCPK:BAYRY) closes its $57B takeover of Monsanto (NYSE:MON), which would be the second-largest deal fee for a single bank on record. The payout is a bright spot in an otherwise down year for M&A activity, with global deal volume dropping 24% to $2.6T so far this year.
