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Angry Shareholders Want More for Bear Stearns

Bargain basement $2 price sets up potential battle, lawsuits

By Jim O'Neill, Newser User

Posted Mar 19, 2008 7:19 AM CDT

(Newser) – Bear Stearns shareholders are threatening to vote against its sale to JPMorgan, saying the $2 price per share for the nation’s fifth largest investment bank is unrealistic; speculators seem to agree, trading up Bear stock to $5.91 yesterday, a 23% bump. Expect some... Read full story »

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Angry Shareholders Want More for Bear Stearns

Bargain basement $2 price sets up potential battle, lawsuits

Federal Reserve • Bear Stearns • acquisition • James Dimon • JPMorgan Chase

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