Sunday, March 16, 2008

$2 per share?

The deal values Bear Stearns at $236 million, or just $2 a share. The company's stock closed at $30 on Friday, down a staggering 47% for the day. ...

Shares of Bear Stearns (BSC, Fortune 500) opened last week at $69.75 and traded as high as $159 last year. ...


Guess who's picking up the tab? ...

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