News

March 24, 2008

Joe Lewis plans to halt JPMorgan takeover of Bear Stearns

Filed under: Business — Admin @ 5:05 am

Joe Lewis, the British billionaire who has lost almost $1 billion ($£505
million) on his investment in Bear Stearns, is confident that he will be
able to block the takeover of the stricken investment bank by JPMorgan Chase
before the deal is completed in three months.

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