Bear Stearns Should Go for More Than $6 - Barron's [View article]
Everyone should read the docs....JPM has an asset option on the building if another bidder comes in or BSC defaults on the agreeement (i.e. a break-up fee). JPM has an option on the 19.9% of newly issued shares in a variety of situations and that does not included a "no" vote....that's just rumor.
So, read....or learn how to read better before you post your own BS.
That said, this deal will go through at $2.00....any extra money that JPM committs to this deal will go to retaining BSC employees.
Bear Stearns Should Go for More Than $6 - Barron's [View article]
So, read....or learn how to read better before you post your own BS.
That said, this deal will go through at $2.00....any extra money that JPM committs to this deal will go to retaining BSC employees.