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- JPMorgan completes Bear takeover
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NEW YORK (Reuters) - JPMorgan Chase & Co said on Saturday it completed its $1.4 billion (707 million pounds) Bear Stearns Cos takeover, capping the demise of a Wall Street firm that survived the Depression and numerous slumps in its 85 years but could not navigate the mortgage crisis.
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Fuente Original
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31 May, 2008| massmedia |
@ 9:33