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Unformatted text preview: BS employees?-Invested in the company themselves o Did not diversify o Lost much of their investments-Disgruntled, bad morale, leaving firm JP Morgan-Offered to bail out BS o $2/share for BS is grossly undervalued o Want to say no-Now offered new deal, $10/share o CEO would have to combine both companies o Wanted to retain employees from BS...
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- Spring '08