Money & Company
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Aug. 5, 2007
Business
Bear Stearns, squeezed by the sub-prime crisis, needs an emergency loan. Its stock plunges, and wariness grows.
March 15, 2008
It aids a fire sale of Bear Stearns at $2 a share, cuts a key rate and broadens lending to investment houses.
March 17, 2008
April 10, 2008
The Houston company said it would discuss the $54-a-share offer from Bear, Stearns & Co. and Gruss & Co. if the two New York investment firms dropped their opposition to the company’s $45-a-share recapitalization plan and also stopped buying Anderson, Clayton stock.
June 5, 1986
Oct. 13, 2010
A billionaire says the firm, an employee and a broker misled him into buying stock as the company faltered.
April 12, 2008
Food
Delaware Chancery Court Judge William Allen said the Houston food company had an obligation to consider a $54-a-share offer from the New York investment firms Bear, Stearns & Co. and Gruss & Co. since it was “significantly greater” than the $45 a share offered under Anderson’s recapitalization plan.
June 3, 1986
Bear Stearns Cos. said Sunday that co-President and co-Chief Operating Officer Warren Spector had resigned after the meltdown of two hedge funds that invested in risky mortgage-backed securities.
Aug. 6, 2007
July 2, 2007