Did Bear’s Board of Directors Pressure JPMorgan to Reopen Buyout Negotiations?

(NewsVisual, powered by IntellectSpace) -- Although much of the world thought the buyout deal between JPMorgan Chase & Co (NYSE: JPM) and The Bear Stearns Companies Inc (NYSE:BSC) was completely nailed down, it turns out that negotiations have been reopened between them, where JPMorgan could make an offer that goes higher than original $2 per share price for Bear’s stock, according to The New York Times. 

Evidently, the Directors at Bear Stearns warned their counterparts at JPMorgan that the Bank’s original offer would probably not win shareholder approval:

"The sweetened offer is intended to win over stockholders who vowed to fight the original fire-sale deal, struck only a week ago at the behest of the Federal Reserve and Treasury Department," The Times article reported.

NewsVisual decided to create an IntellectSpace Knowledge Map of Bear Stearns Board of Directors in order to illustrate its members’ past and current connections to other corporate entities.

To see the details of these Directors other board-room connections, click here for an interactive and fuller version of this IntellectSpace Knowledge Map.

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).