Bear Stearns' Easter Basket Written By: Deborah Evans 2008-03-25 12:01:00 It seems that the parties involved in JPMorgan’s (JPM - $46.44) takeover of Bear Stearns (BSC - $10.87) like to work on the deal on holidays, Sundays, and when the Moon is Void-of-Course.*
Following are the bear facts about the “amended” deal between JPM and BSC. If The Wall Street Journal timeline is
accurate, Bear’s Board of Directors couldn’t possibly have fully read the deal
before agreeing to it, since CNBC announced it was approved just after the market
opened this morning.
Photo:Mellie, Creative Commons, Flickr
