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JPMorgan Increases Bid for Bear Stearns

Patriot Ledger, The; Quincy, Mass. Car Insurance Expired
Published by CarInsurance.com News 8:00 AM Mar-27-2008

Shareholders in Bear Stearns will get more than they initially thought out of a pending acquisition by JPMorgan Chase, now that the larger investment bank has sweetened its buyout offer to $10 a share from $2 a share.As part of the new offer, JPMorgan first will get a nearly 40 percent stake in Bear Stearns.BOSTON - A contractor that provides subscriber phone service for The Boston Globe will cut fewer than 100 jobs at a Waltham call center now that the paper has decided to hire a new contractor as part of a cost-cutting measure, the Boston Business Journal reported.....

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