JPMorgan Offers $10 A Share For Bear Stearns

24 Mar 2008

JPMorgan sweetened its offer for Bear Stearns to $10 per share one week after agreeing to take over Bear Stearns for $2 a share.

JPMorgan sweetened its offer for Bear Stearns to $10 per share one week after agreeing to take over Bear Stearns for $2 a share. JPMorgan will also take a 39.5% stake via newly-issued shares to take it closer to majority shareholder approval. “Our board of directors believes that ...

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