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JPMorgan completes takeover of Bear Stearns (Reuters)

 
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PostPosted: May 31, 2008 12:00 pm Reply with quote
JPMorgan completes takeover of Bear Stearns (Reuters)




<p>People walk past the Bear Sterns building after JPMorgan Chase and Co said yesterday it was buying Bear Sterns for $2 a share in New York March 17, 2008. (Chip East/Reuters)Reuters - JPMorgan Chase & Co said on
Saturday it completed its $1.4 billion Bear Stearns Cos
takeover, capping the demise of a Wall Street firm that
survived the Depression and numerous slumps in its 85 years but
could not navigate the mortgage crisis.</p>


[url=http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20080531/bs_nm/bearstearns_jpmorgan_dc]Read more...[/url]
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