The Deal
Sunday, November 8, 
4:39 am

Bear Stearns shareholders want more

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BearStearns.jpgEarlier Monday, Dealscape asked: "Bear Stearns Cos. shareholders have successfully kvetched their way to $10 a share; how much more will they try to squeeze out of Jamie Dimon?" Scott Fenn, managing director of policy for proxy advisory firm Proxy Governance Inc., offered an answer to our question in a phone interview Monday afternoon. "Things are happening mighty quickly, and the stock is now trading two dollars above the $10 a share offer. It's hard to tell if $10 will satisfy everyone. I'm sure there is plenty of litigation that will go away now, but it wouldn't surprise me if some of those shareholders wanted more." - Maria Woehr

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