Report title: JPMorgan Buys Bear Stearns: Fed Referees a Systemic Problem - Shareholders Lose, Bondholders/CDS Can Win
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2432 word report published Mar 16, 2008

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Abstract: JPMorgan agreed to acquire Bear Stearns at a distressed stock price as Fed liquidity line potentially heading-off broader systemic risks if difficult situation persists. Bear debt/cds should end up well as Morgan assumes debt at close.

Brief Excerpt: JPMorgan Buys Bear Stearns: Fed Referees a Systemic Problem - Shareholders Lose, Bondholders/CDS Can Win JPMorgan agreed to acquire Bear Stearns in an all stock transaction valued at about $236 million, or roughly $2 per Bear Stearns...

Report Type: Company Article
Source: CreditSights Inc
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