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I'm not familiar with the specifics of how the negotiations actually went down, but I can't imagine negotiations work like this when regulators are telling you
by chibg10 8y ago
I'm not familiar with the specifics of how the negotiations actually went down, but I can't imagine negotiations work like this when regulators are telling you "You must buy Company X" and you weren't interested in acquiring Company X to begin with.
Purchase prices only reflect a acquirer's view of the value of Company X under market conditions, which seems to have clearly not have been the case when the acquisition occurred.
- AnthonyMouse 8y agoThey paid $2/share for Bear Stearns, in stock rather than cash. The closing price that Friday had been $30/share (and was $150/share the year before). https://www.marketwatch.com/story/jp-morgan-to-buy-bear-stearns-for-2-a-share https://www.marketwatch.com/story/jp-morgan-to-buy-bear-stea...