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JPMorgan, WaMu have held prelim merger talks: report

Fri Jan 11, 2008 11:44am EST
 
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NEW YORK (Reuters) - JPMorgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz) and Washington Mutual (WM.N: Quote, Profile, Research, Stock Buzz) have held "very preliminary" talks about a merger, CNBC's Charlie Gasparino said on Friday.

Shares of Washington Mutual jumped more than 12 percent to $15.90 in pre-market trade following the report.

(Reporting by Matt Daily)

 
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