Thursday, October 02, 2008 2:09:10 PM
Washington, D.C., October 2, 2008 - JPMorgan announced today that they will be putting forth an offer for all Washington Mutual common shares we believe that the common shares of WM are way undervalued at the moment.
We will be putting forth an offer of 1 dollar per share of WMAbout JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.0 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan, Chase, and Washington Mutual brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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