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JPMorgan Chase to acquire Bear Stearns for $2/share

PUBLIC · JPMOct 10, 2026

Acquiring Company

JPMorgan Chase

Acquired Company

Bear Stearns

New YorkNew YorkFinancial ServicesLending And InvestmentsFinanceFintechLendingBankingFinancial ServicesFinanceLendingBanking

Description

JPMorgan Chase has agreed to acquire Bear Stearns for $2 per share, valuing the firm at approximately $236 million. This acquisition follows a dramatic decline in Bear Stearns' stock price amid financial instability. Employees expressed anger over the significant devaluation of their stakes. The acquisition marks a pivotal moment in the financial crisis of 2008.

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Company Information

Company

JPMorgan Chase

Location

New York, New York, United States

About

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.7 trillion in assets and $286.4 billion in stockholders’ equity as of June 30, 2021. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S. and globally many of the world’s most prominent corporate, institutional and government clients. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

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Frequently asked

Who acquired Bear Stearns?

Bear Stearns was acquired by JPMorgan Chase, based in New York. The deal was reported on October 10, 2026. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase is publicly traded (JPM) and operates in Financial Services.

When did JPMorgan Chase acquire Bear Stearns?

JPMorgan Chase's acquisition of Bear Stearns was reported on October 10, 2026. JPMorgan Chase has agreed to acquire Bear Stearns for $2 per share, valuing the firm at approximately $236 million. This acquisition follows a dramatic decline in Bear Stearns' stock price amid financial instability. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bear Stearns do?

Bear Stearns was a global investment bank and securities trading firm that was well-known for its role in the mortgage market. Founded in 1923, it grew to become a prominent player on Wall Street before its collapse during the financial crisis in 2008. It is privately held, operating in Financial Services, and is based in New York.

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