Bear Stearns Is Now Worth $2 Per Share

Bear Stearns Is Now Worth $2 Per Share

Published by InformedTrades
03-19-2008

Bear Stearns Is Now Worth $2 Per Share

Bear Stearns Is Now Worth $2 Per Share

On Sunday evening New York time, JPMorgan Chase (JPM: 40.31 0.00 0.00%) announced it will acquire rival Bear Stearns (BSC: 4.81 0.00 0.00%) in a deal that is worth $236.2 million, or $2 a share. This is an unbelievable turn of events ...

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