Goldman Sachs
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Sep 30, 2018 · But the backing from the Fed failed to restore confidence in Bear Stearns. The firm’s stock price plunged 47% further on Friday, March 14.
Nov 9, 2022 · Fact checked by. Katrina Munichiello. 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...
Jan 19, 2018 · On Sunday evening, March 16, 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 ...
Sep 20, 2018 · Former Bear Sterns CEO Alan Schwartz explains how the Federal govenrment stepped in and set the historic price of $2 a share for Bear Stearns and its sale to JPMorgan Chase.
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 ...
Mar 14, 2013 · From Wednesday, March 12, 2008 to the following Sunday, March 16, Bear Stearns' stock collapsed from $62 to $2 a share. Bear Stearns was the first major domino in a series of financial failures in ...
Mar 16, 2021 · The End Of Bear Stearns: Less than two years after reporting record earnings in December 2006, Bear Stearns officially agreed to a stock-swap merger with JPMorgan in a deal worth about...
