Replies to post #1790 on JP Morgan Chase & Co (JPM)

[BullNBear52]

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