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New deal for Bear Stearns

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03-25-2008, 07:31 PM

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New deal for Bear Stearns

A new deal for Bear Stearns has been offered by JP Morgan Chase. Under the new terms, JP Morgan Chase has increased its offer to $10 (£5) a share, from the original offer of $2 a share. JP Morgan Chase has also agreed to change the guarantees it is receiving from the US Federal Reserve. [...]

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03-25-2008, 07:52 PM

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Re: New deal for Bear Stearns

Luckily I was not part of that whole fiasco.

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