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Posts tagged bear sterns

JP Morgan to Buy Bear Stearns at $2 a Share


This is the latest news in US.
Bear Sterns is a company that was trading at around $170 in February last year is now to be overtaken by JP Morgan at just $2 a share.
The Federal Reserve’s attempt to induce cash in to struggling companies and to avert a financial slowdown did not do much good [...]

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