JPMorgan to Spin-off Private Equity Arm (Reuters)

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March 1st, 2005, 10:00 AM

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JPMorgan to Spin-off Private Equity Arm (Reuters)

Reuters - JPMorgan Chase & Co. said on
Tuesday it will spin off its $13 billion private equity fund,
but will keep a similar unit recently acquired in its merger
with Bank One Corp.

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