Cramer Sees a Bear Stearns (BSC) Buyout
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At RealMoney.com, Jim Cramer said he thinks Bear Stearns (NYSE: BSC) gets acquired. Cramer said even after the subprime debacle, Bear has good stock trading, good prime brokerage and good fixed income.
Cramer thinks UBS (NYSE: UBS), Deutsche Bank (NYSE: DB), or Credit Suisse (NYSE: CS) could buy the company.
On Monday, rumors surfaced Credit Suisse would buy Bear Stearns. Credit Suisse declined to comment on market rumors, but said they are not interested in making a large "transformational" acquisition.
The recent buyout talk, plus the bounce back in financial stocks, has sent shares of Bear Stearns up over $14 on Tuesday and Wednesday.
Cramer thinks UBS (NYSE: UBS), Deutsche Bank (NYSE: DB), or Credit Suisse (NYSE: CS) could buy the company.
On Monday, rumors surfaced Credit Suisse would buy Bear Stearns. Credit Suisse declined to comment on market rumors, but said they are not interested in making a large "transformational" acquisition.
The recent buyout talk, plus the bounce back in financial stocks, has sent shares of Bear Stearns up over $14 on Tuesday and Wednesday.
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