Why are Bear shares climbing?

[Joelle]

Why are Bear shares climbing?
      

Bear Stearns stock has plummeted, but not all the way down. The troubled bank’s shares actually climbed on Tuesday, up $1.93 to $6.75. That represents a massive premium over the JPMorgan’s agreed price of $2 per share (actually, 0.05473 JPMorgan shares).
The exact reasons are unclear. The possibility of a rival bid or a sweetened JPMorgan [...]
         

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