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Stories tagged with JPMorgan Chase buys Bear Stearns

 

JPMorgan Chase buys Bear Stearns

By Gary Jacobson   |   March 16, 2008 at 11:38pm   |   0 Comments

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.

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