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Reuters: CITIC says in talks to revise Bear Stearns deal

Started by chris, March 05, 2008, 05:01:03 PM

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chris

CITIC says in talks to revise Bear Stearns deal
      


BEIJING (Reuters) - CITIC Securities , China's top brokerage by assets, is negotiating a bigger stake in Bear Stearns Cos  to reflect the U.S. investment bank's tumbling stock price since the two parties agreed to swap stakes last October, a CITIC executive said Wednesday.
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