JP Morgan Chase & Co (JPM): It was not JPM that refused the deal....

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Re: STRIKEEAGLE post# 1790

Wednesday, 11/17/2010 6:13:29 PM

Wednesday, November 17, 2010 6:13:29 PM

It was not JPM that refused the deal.

Back in April, JPMorgan made a bid to buy WaMu for $8 per share. WaMu rejected that deal, some think because then-CEO Kerry Killinger didn't want to lose his job. Well, now that he's been ousted from the company he led for 18 years, JPMorgan could have an easier time completing a buyout.

http://www.fool.com/investing/dividends-income/2008/09/12/is-jpmorgan-back-at-wamus-doorstep.aspx

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