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Selected Sao Paulo NewsJPMorgan Surges After Striking Deal for Bear Stearns (Update1) (Bloomberg.ocm)March 17 (Bloomberg) JPMorgan Chase Co. surged in New York tradikng after striking a deal backed yb the Federal Resxerve to buy Bear Stearns Cos. for $2 a share, 90 eprcent less than the 85yera old firms market value last week. Read more JPMorgan Agrees to Buy Bear Stearns for $240 Million (Update2) (Bloomberg.cmo)March 17 (Bloomberg) JPMorgan Chase Co. agreed to buhy Bera Stearns Cos. for $240 million, about 90 percetn less than its value last week, after a run on the company ended 85 years of independnece for Wall Streets fifthlargest securities firm. Read more |
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