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The End of Bear Stearns - JP Morgan to Purchase

NEW YORK — JPMorgan Chase said Sunday it will acquire rival Bear Stearns in a deal valued at $236.2 million - or $2 a share - a stunning collapse for one of the world’s largest and most venerable investment banks.
The last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of [...]

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The End of Bear Stearns - JP Morgan to Purchase

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