JP Morgan Pays $2 a Share for Bear Stearns - New York Times

<font style="font-size:85%;font-family:arial, sans-serif;"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class="lh"><table border="0" align="right" cellspacing="0" style="font-size:100%;font-family:arial, sans-serif;"><tr><td width="80" align="center" style="padding-left:6px;" valign="top"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0i-0&fd=R&url=http://www.11alive.com/news/article_news.aspx%3Fstoryid%3D113010&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"><img src="http://news.google.com/news?imgefp=co9Qzio6sNkJ&imgurl=www.11alive.com/assetpool/images/08316194631_jpmorgan_250_031608.jpg" width="80" height="60" alt="" border="1"><br><font size="-2">WXIA-TV</font></a></td></tr></table><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-0&fd=R&url=http://www.nytimes.com/2008/03/17/business/17bear.html%3Fem%26ex%3D1205899200%26en%3D9948af35c2edf32f%26ei%3D5087%250A&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"><b>JP Morgan Pays $2 a Share for Bear Stearns</b></a><br><font size="-1"><b><font color="#6f6f6f">New York Times -</font> 39 minutes ago</b></font><br><font size="-1">By ANDREW ROSS SORKIN In a shocking deal reached on Sunday to save Bear Stearns, JPMorgan Chase agreed to pay a mere $2 a share to buy all of Bear - less than one-tenth the firm’s market price on Friday.</font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-1&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DacsnXBDd3G0Q%26refer%3Dnews&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA">Fed Lowers Discount Rate, Expands Lending to Prevent Meltdown</a> <font size="-1" color="#6f6f6f"> Bloomberg</font></font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-2&fd=R&url=http://www.reuters.com/article/innovationNews/idUSN1438968020080317&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA">JPMorgan to buy Bear Stearns for $2 a share</a> <font size="-1" color="#6f6f6f"> Reuters</font></font><br><font size="-1" class="p"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-3&fd=R&url=http://money.cnn.com/news/newsfeeds/articles/djf500/200803162249DOWJONESDJONLINE000431_FORTUNE5.htm&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"> CNNMoney.com</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-4&fd=R&url=http://online.wsj.com/article/SB120572638326641065.html%3Fmod%3Dgooglenews_wsj&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"> Wall Street Journal</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-5&fd=R&url=http://www.portfolio.com/news-markets/top-5/2008/03/17/JP-Morgan-Buys-Bear-Stearns&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"> Conde Nast Portfolio</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-6&fd=R&url=http://www.forbes.com/markets/2008/03/16/bear-fed-update-markets-equity-cx_lm_mm_0316markets02.html&cid=1142370850&ei=CwneR_StJYOErQPJ49SvCA"> Forbes</a></font><br/><font class="p" size="-1"><a rel="nofollow" class="p" target="_blank" href="http://news.google.com/news?oe=utf8&ie=Web+Master+Affiliate+Program&hl=en&ncl=1142370850"><b>all 4,222 news articles</b></a></font><br clear="all"> </div></font>