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March 21, 2008

JPMorgan Chase To Acquire Bear Stearns


JPMorgan Chase & Co. is acquiring The Bear Stearns Companies Inc. in a stock-for-stock exchange. Based on the closing price of March 15, the transaction would have a value of approximately $2 per share.

Posted by S. Germain at March 21, 2008 08:23 AM

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