Looking for the Bear Necessities

- WatersTechnology Staff
- 24 Mar 2008

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Before announcing its $2 per share transaction offer for the troubled bank on March 16, JPMorgan Chase did a total of 48 hours of due diligence. I respect and admire the people over at JPMorgan, but even with all of their merger and acquisition experience, I have doubts as to whether they could have even nicked the surface of the Bear Stearns organization in that time frame.

According to sources within Bear, the true merger-and-acquisition research is happening now as JPMorgan continues to move

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