Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, May 29, 2008

Bear Shareholders Approve JPMorgan Chase Merger

Bear Stearns shareholders approved the merger of the company into JP Morgan Chase for $1.4 million in a brief shareholders meeting.  Bear CEO James Cayne apologized to the shareholders and said that Bear ran into "a hurricane."  WSJ, Bear's Final Moment: An Apology and No Lack of Ire.

http://lawprofessors.typepad.com/securities/2008/05/bear-shareholde.html

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