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JPMorgan to buy Bear Stearns for $2 a share (Reuters)

Date : 16 Mar 2008 Category : Business

Yahoo! News: Business

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Reuters - JPMorgan Chase & Co said on Sunday it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at the centre of the credit crisis at about $236 million.

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