JP Morgan Buys Bear For $2/share
Read the full article: http://www.makemadmoneywork.com/2008/03/16/jp-morgan-to-buy-...
That is correct…$2 a share. Wow! There is not much more to say…what a stunning collapse for Bear Stearns. The deal is valued at $236.2 million and the Federal Reserve and the U.S. government swiftly approved...
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