Bear to offer stock to buffer slump
Bear Stearns will offer more stock to employees if its share price doesn't rise by year's end, according to Financial News.
The management of Bear Stearns Cos. Inc. said the company would offer more stock to employees if its share price doesn't rise by year's end, according to a Financial News report.
Bear Stearns' stock fell to $99.75 last week, off from its 52-week high of $172.61 and closed trading yesterday at $109.
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