Why J.P. Morgan Wants To Be Eighth Partner In The EJV
MANAGEMENT AND STRATEGY
In the wake of J.P Morgan & Co.'s declaration two weeks ago that it intends to become the eighth partner in the EJV Partners L.P. (TST, June 27), managing director Jean-Louis Bravard says the firm was motivated by a desire to increase its influence over the joint venture. At the same time, the firm -- whose partnership still needs to be approved by the Federal Reserve Board -- is involved in separate negotiations with the EJV concerning the distribution by the vendor of J.P. Morgan's fixed
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