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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
Tata Motors gets $3 bln loan from Citi, JPMorgan
India's Tata Motors Ltd has signed a deal to receive a $3 billion one-year bridge loan from Citigroup and JPMorgan to help finance a potential purchase of luxury brands Jaguar and Land Rover, sources familiar with the deal said on Tuesday...
buzz 
6.3
(
3
 votes)
0 comments category: economy
tags tata citi jpmorgan
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