JPMorgan may raise bid for Bear Stearns
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Mon, 24 Mar 2008 11:39:04 GMT |
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NEW YORK (Reuters) - JPMorgan Chase & Co is in talks to raise its bid for Bear Stearns Cos to about $10 a share, a person familiar with the situation told Reuters.JPMorgan declined to comment.(Reporting by Chris Reiter, editing by Mark Porter) (c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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