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  1. Apr 30, 2023 · Bear Stearns was an investment bank located in New York City that collapsed during the subprime crisis in 2008. The company was founded in 1923 and survived the Crash of 1929, becoming a global ...

  2. en.wikipedia.org › wiki › Bear_StearnsBear Stearns - Wikipedia

    The Bear Stearns Companies, Inc. was an American investment bank, securities trading, ... This sale price represented a staggering loss as its stock had traded at $172 a share as late as January 2007, and $93 a share as late as February 2008. Eventually, ...

  3. Sep 30, 2018 · The collapse of Bear Stearns’ stock price caused Cayne, who joined the company in 1969, to lose about $1 billion. Cayne, now 84, could not be reached for comment.

  4. Apr 27, 2021 · March 16, 2008—JPMorgan Chase (JPM) announced that it would acquire Bear Stearns in a stock-for-stock exchange that valued the hedge fund at $2 per share. The Mistakes Made .

  5. Nov 9, 2022 · In 2008, JPMorgan Chase & Co. (NYSE: JPM) announced that it would acquire Bear Stearns in a stock-for-stock exchange that valued the bank at $2 per share.   The previous July, two Bear ...

  6. There are no in the selected time period. -0.85%. -0.84%. Discover historical prices for BSC stock on Yahoo Finance. View daily, weekly or monthly format back to when 1315901 stock was issued.

  7. Jan 19, 2018 · On March 16, 2008, Bear Stearns, ... Bear’s board of directors agreed to sell the firm to J.P. Morgan Chase for $2 per share—a 93 percent discount from Bear’s closing stock price on Friday ...

  8. Mar 17, 2008 · Bear stock closes at $159.96. The average price target from Wall Street research analysts covering the stock, according to Reuters Estimates, is $166.24.

  9. Sep 20, 2018 · Shareholders were livid after Schwartz announced a deal with JPMorgan Chase ( JPM) CEO Jamie Dimon that valued the company’s stock, which had traded at $172 a share as late as January 2007 and ...

  10. Mar 14, 2018 · At the request of the government, J. P. Morgan originally agreed to rescue Bear for $2 a share, a stunning fire sale price that was eventually raised to $10. (Bear’s stock had closed on March 14 ...

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