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Reuters: JPMorgan in talks to raise Bear Stearns bid: report

Started by chris, March 24, 2008, 07:01:07 AM

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chris

JPMorgan in talks to raise Bear Stearns bid: report
      


NEW YORK (Reuters) - JPMorgan Chase & Co was in talks to quintuple its offer to buy Bear Stearns Cos to $10 per share in an effort to pacify angry Bear shareholders, The New York Times said on Monday.
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