Wealth and Asset Management
Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns
When Stephen Bearce bought 100 Bear Stearns shares at about $30 each on Friday, March 14, 2008, he was betting the investment bank would be taken over and he would turn a quick profit. He was only half right. JPMorgan Chase & Co. struck a deal to buy Bear Stearns…
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Click here to read the full story: The Wall Street Journal