Bear Articles
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191. JPMorgan to Buy Bear for $2 a Share
JPMorgan Chase says it will acquire rival Bear Stearns for $2 a share in a move aimed at averting spreading panic in the financial markets over tightening credit.
16 Mar 2008
192. Bear Stearns, JPMorgan Close to Deal
Investment bank Bear Stearns Cos. was close to an emergency deal Sunday to be bought by JPMorgan Chase & Co., with both sides rushing to complete negotiations before markets opened in Asia. Bear Stearns was forced into a government-led bailout on Friday after finding itself unable to meet the demands of lenders and customers trying to pull their cash out.
16 Mar 2008
193. Investors Await Bear Impact, Fed Meeting
Wall Street is facing a paradox as the damage from the credit crisis spreads _ the more investors find out about the problems caused by billions of dollars in failed mortgages and investments, the more unknowns seem to crop up. The Street is hoping that this week, the Federal Reserve and the fallout from the near-collapse of Bear Stearns Cos. provide some answers instead of more new questions.
16 Mar 2008
194. JPMorgan Close to Deal for Bear Stearns
Bear Stearns and JPMorgan Chase & Co. were close to an emergency buyout deal Sunday night aimed at averting further panic in the financial markets. Top executives from both companies were in 11th-hour talks about a deal that could sell Bear Stearns for a per share price that is likely to be "considerably less" than the $30 the stock closed at Friday, according to The Wall Street Journal.
16 Mar 2008
195. JPMorgan Close to Deal to Buy Bear
Bear Stearns and JPMorgan Chase & Co. were close to an emergency buyout deal Sunday night aimed at averting further panic in the financial markets, media reports said.
16 Mar 2008
196. JPMorgan Closer on Deal for Bear Stearns
Wall Street is waiting for word that JPMorgan Chase & Co. reached an agreement to acquire wounded investment bank Bear Stearns Cos. The two sides reportedly want a deal locked up before investors can put pressure on both of their stocks once Asian markets open for business. The Wall Street Journal reports the two banks were close to a deal for JPMorgan to buy Bear for $20 a share, or $2.2 billion.
16 Mar 2008
197. JPMorgan moves closer to deal to buy ailing Bear Stears
Wall Street is waiting for word that JPMorgan Chase & Co. reached an agreement to acquire wounded investment bank Bear Stearns Cos. The two sides reportedly want a deal locked up before investors can put pressure on both of their stocks once Asian markets open for business. The Wall Street Journal reports the two banks were close to a deal for JPMorgan to buy Bear for $20 a share, or $2.2 billion.
16 Mar 2008
198. Citic Won't Guarantee Bear Stearns Deal
China's Citic Securities Co. said late Sunday it cannot guarantee it will reach a final agreement to buy into U.S. investment bank Bear Stearns Cos. after Bear's financial crisis triggered a bailout plan.
16 Mar 2008
199. JPMorgan Closer to Deal to Buy Bear
Wall Street is waiting for word that JPMorgan Chase & Co. reached an agreement to acquire wounded investment bank Bear Stearns Cos. The two sides reportedly want a deal locked up before investors can put pressure on both of their stocks once Asian markets open for business. The Wall Street Journal reports the two banks were close to a deal for JPMorgan to buy Bear for $20 a share, or $2.2 billion.
16 Mar 2008
200. Investors Await Bear Report, Fed Meeting
Wall Street is facing a paradox of sorts right now as the damage from the credit crisis continues _ the more investors find out about the problems caused by billions of dollars in failed mortgages and investments, the more unknowns seem to crop up. The Street is hoping that this week, the Federal Reserve and the wounded Bear Stearns Cos. provide more answers than new, baffling questions.
16 Mar 2008
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