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JPMorgan to buy Bear Stearns for $2/share which once was trading at $170/share.
In January 2007, Bear's share had traded at USD 170 but fell sharply as mortgage crisis gripped the market and closed at 30 dollars share at New York Stock Exchange on Friday after it was forced to seek emergency funding because of the cash crunch.
buzz 
7.5
(
10
 votes)
0 comments category: m&a
tags bearstearns jpmorgan
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