Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on May 29, 2008, 08:43:05 PM

Title: Cayne apologizes as Bear's takeover approved (Reuters)
Post by: riky on May 29, 2008, 08:43:05 PM
Cayne apologizes as Bear's takeover approved
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080529/2008_05_29t103006_450x304_us_bearstearns_jpmorgan.jpg?x=130&y=87&q=85&sig=PYeXLNQrcTTK.881f39MUQ--" align="left" height="87" width="130" alt="The Bear Stearns logo is seen at the lobby of the headquarters in New York March 26, 2008. Bear Stearns Cos Inc  (Shannon Stapleton/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080529/bs_nm/bearstearns_dc)Reuters - Bear Stearns Cos Inc  Chairman
James Cayne told employees and shareholders he was sorry for
the demise of the 85-year-old investment bank, as shareholders
voted on Thursday to sell the company to JPMorgan Chase & Co
 for less than $10 a share.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080529/bs_nm/bearstearns_dc