Sunday, March 16, 2008

JP Morgan buys Bear Stearns for $2/share: Fed lowers discount rate 1/4-point to 3.25%

That is not a typo.
JPM buys BSC for $2/share.
JPM expects the deal to 'eventually' be accretive.

http://biz.yahoo.com/ap/080316/jpmorgan_bear_stearns.html

Posted by J.L. at 7:15 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)