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Re: Lawrence 147 post# 54639

Monday, 02/02/2009 6:29:51 PM

Monday, February 02, 2009 6:29:51 PM

Post# of 729963
JPM is claiming these assets because it knows it does not have any other choice, except to make an acceptable offer for the rest of WMI.

Because financial stocks and most stocks have been down so much lately, they have been buying/delaying time so they can use a stock transation to complete the deal. JPM may have to have a stock price of somewhere north of $35.00 a share to make the deal work, if one would assume around $15.00 dollars a share for WMI as an acceptable offer.
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  • 6M
  • 1Y
  • 5Y
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