Stories tagged with fire sale deal
JPMorgan Chase buys Bear Stearns
By Gary Jacobson | March 16, 2008 at 11:38pm | 0
Racing against the clock, JPMorgan Chase agreed to buy once-mighty Bear Stearns for just $2 a share Sunday, “in a fire sale deal clearly aimed at stemming broader panic” in the global markets, according Tom Petruno of The Los Angeles Times.
