Company

Bear Stearns

TL;DR

Investment bank sold to JPMorgan in March 2008 when bankruptcy loomed.

Investment Banking

Investment bank sold to JPMorgan in March 2008 when bankruptcy loomed. Unlike Lehman Brothers, Bear Stearns received government-facilitated rescue. Employees and customers transitioned to JPMorgan while shareholders received partial value.

Tags

near-extinction2008acquisition

The Biology of Business

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