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Reuters: JPMorgan raises Bear Stearns bid to $10/share

Started by chris, March 24, 2008, 05:01:04 PM

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chris

JPMorgan raises Bear Stearns bid to $10/share
      


NEW YORK (Reuters) - JPMorgan Chase & Co on Monday raised its all-stock offer for Bear Stearns Cos to about $10 a share, roughly five times its original bid, in a move to appease disgruntled shareholders.
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