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JP Morgan in Talks to Raise Bear Stearns Bid
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E-mailMade Popular Sep 15 2008
JP Morgan Chase & Co is in talks with Bear Stearns to quintuple its offer to buy Bear Stearns Cos to $10 per share in an effort to pacify angry Bear shareholders. JP Morgan raised its takeover offer for Bear Stearns Cos yesterday to about 5 times...
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