All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

Bear Stearns Protection Sellers Scoop Up Shares To Protect Plays

Some hedge funds that sold protection on Bear Stearns two weeks ago spent early last week buying up shares of the company in an effort to gather voting rights and ensure the merger with JPMorgan goes through.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree