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Intellectual Property Law
: Mass Law BlogBehind The Scenes at Bear Stearns
By Lee Gesmer
I recently wrote about the Bear Stearns v. Sharon case. (See here and here). Here is a link to a Business Week article, “Bailing out of Bear,” that tells the gruesome story behind the Bear Stearns financial debacle and Bears’ suit against Doug Sharon, the star broker at Bear Stearns who left for Morgan Stanley.
Full post as published by Mass Law Blog on April 23, 2008 (boomark / email).
Bear Stearns: The Deal is Still at Play, Shareholders Fight Back
New York, NY: The day after the Bear Stearns bailout was announced at the fire sale price of $2 a share, some longtime Bear Stearns employees were seen in the hallways crying. A third of Bear Stearns employees are also shareholders, and suddenly faced losing their life savings if Bear Stearns fails, or is actually sold at such a low price.
JP Morgan Chase Will Acquire Bear Stearns and Immediately Guarantee Trading Obligations
Bear Stearns agreed to be acquired by JP Morgan Chase in a stock for stock exchange that values Bear Stearns stock at about $2 per share, or $236 million. As recently as Friday, Bear Stearns had a market capitalization of...
SEC Staff on Bear Stearns Situation
The SEC website has posted Answers to Frequently Asked Investor Questions Regarding The Bear Stearns Companies, Inc. As part of a response to a question about SEC involvement in the JPMorgan Chase/Bear Stearns merger, the SEC stated: The Division of...
Bear Stearns' Decision to Sell
Wow! Bear Stearns is being sold at $2/share to JP Morgan. Below is the stock chart for Bear Stearns over...
JPMorgan and Bear Amend Merger; Bear Shareholders Get More Value
JPMorgan Chase and Bear Stearns announced amendments to the merger and guaranty agreements, which are available at the Bear Stearns website. The shares of Bear Stearns are now valued at $10 for purposes of the share exchange into JPM shares...
James E. Cayne and the Bear Stearns Collapse
The chair of Bear Stearns, James E. Cayne, was a high flier -- brash and self-important. He held 1$ billion in Bear Stearns stock. After the collapse of Bear Stearns, his stock, which he sold, was worth $61 million...
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