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JPMorgan Buys Bear Stearns For $2 A Share

Shares of The Bear Stearns Companies Inc. (NYSE: BSC) plummeted $26.28 to $3.72 after JPMorgan Chase & Co. (NYSE: JPM) offered a handful of shares to buy out the beleaguered investment bank. JPMorgan stock climbed $3.11 to $39.65.

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