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JPMorgan in Talks to Boost Bear Stearns Bid

Attempt to mollify furious Bear stockholders

By Mary Papenfuss, Newser Staff

Posted Mar 24, 2008 4:00 AM CDT

(Newser) – JPMorgan Chase was in negotiations last night to quintuple its bid for Bear Stearns following a storm of angry protests by Bear shareholders over the initial bargain-basement deal for the investment banking giant, reports the New York Times. Under the new deal, JPMorgan Chase would... Read full story »

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JPMorgan in Talks to Boost Bear Stearns Bid

Attempt to mollify furious Bear stockholders

Federal Reserve • Bear Stearns • Treasury Department • subprime crisis • JPMorgan Chase • credit market chaos

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2 Probes Launched Into Bear Stearns Deal

Two Senate panels to investigate takeover

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