JP Morgan Chase takes 10.2 percent stake in Gannett
US bank JPMorgan Chase has taken a 10.2 percent stake in Gannett, the largest US newspaper chain and owner of USA Today, according to a Securities and Exchange Commission filing on Tuesday.
JPMorgan Chase & Co.'s cut-rate buyout of Bear Stearns Co. drove some jittery investors to dump shares of major investment banks and left others worrying who's next.