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Bear’s Delaware test

Started by Joelle, May 29, 2008, 12:41:53 AM

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Joelle

Bear's Delaware test
      


When dealmakers putting together the terms of Bear Stearns' fire sale to rival JPMorgan Chase reworked the merger agreement, they not only increased the offer price but also made changes to make sure the transaction would survive scrutiny in Delaware courts, according to a Paul Hastings analysis.
JPMorgan initially agreed to buy Bear Stearns for $2 [...]
         

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