JPMorgan may raise bid for Bear Stearns

Mon Mar 24, 2008 7:43am EDT
 
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NEW YORK (Reuters) - JPMorgan Chase & Co is in talks to raise its bid for Bear Stearns Cos to about $10 a share, a person familiar with the situation told Reuters.

JPMorgan declined to comment.

(Reporting by Chris Reiter, editing by Mark Porter)

 
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