Doug Kass Reporting Bear Stearns (BSC) To Price A Convertible Offering Tonight
RealMoney's Doug Kass is reporting Bear Stearns (NYSE: BSC) will price a convertible preferred tonight between $3 billion to $4 billion.
The Bear Stearns Companies is primarily a holding company that, through its broker-dealer and international bank subsidiaries, principally Bear Stearns, Bear, Stearns Securities Corp., Bear, Stearns International Limited (BSIL) and Bear Stearns Bank plc, is an investment banking, securities and derivatives trading, clearance and brokerage firm serving corporations, governments, institutional and individual investors worldwide.
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