Companies
JPMorgan raises Bear purchase price
Posted 25 March 2008 @ 08:48 am HKT
The renegotiated agreement does not eliminate the hurdles to the deal, which is still the target of shareholder lawsuits.
Marian Rosner, a senior partner at Wolf Popper LLP, whose firm was one of many that filed class action lawsuits against Bear Stearns on behalf of employees, said Monday that "selling for $2 or $10 doesn't really make a difference."
Next Page
Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Also in IBTimes
Most Popular Stories
- 1 HK typhoon alert No.1 issued
- 2 HSBC reports 1H fall in profit 29 percent
- 3 Bryant scores 19, helps US beat Russia in tuneup
- 4 Actor Morgan Freeman is injured in car accident
- 5 Jolie-Pitt baby twins photos online
- 6 Christina Applegate treated for breast cancer
- 7 Paris Hilton's mom takes offense at McCain's humor
Top Stories on Companies
- 1 Gene-testing startup's study responds to critics
- 2 Power supply regulations to be updated
- 3 Financial turmoil, weaker sales batter GM shares
- 4 States cut spending, put projects on hold
- 5 AP IMPACT: GPS could save airlines time and fuel
- 6 Oil plummets to $82 on global slowdown fears
- 7 Lisited company U-right intrenational liquidation
|
|
















