Saturday, July 14, 2007

JPMorgan awaits consolidation before EU buys-report

(Reuters) - Timing would depend on prices and possibilities, Dimon told
the magazine. "Now we are indeed strong enough, but first larger
entities have to be created through the process of further
consolidation," Der Spiegel quoted Dimon as saying.




"They could then become an interesting takeover target for
us, but that will more likely be an issue for my successor," he
added.


Read more at Reuters.com Mergers News

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