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JPMorgan, WaMu have held prelim merger talks: report

NEW YORK
Fri Jan 11, 2008 11:44am EST

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An undated image courtesy of Washington Mutual. JPMorgan Chase and Washington Mutual have held ''very preliminary'' talks about a merger, CNBC's Charlie Gasparino said on Friday. REUTERS/Handout

NEW YORK (Reuters) - JPMorgan Chase (JPM.N) and Washington Mutual (WM.N) 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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