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Article: J.P. Morgan Chase to Succeed J.P. Morgan in Dow Jones Industrial Average.
- Article from:
- Business Wire
- Article date:
- December 19, 2000
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Business Editors
NEW YORK--(BUSINESS WIRE)--Dec. 19, 2000
The editors of The Wall Street Journal announced today that J.P. Morgan Chase & Co. will succeed J.P. Morgan & Co. as a component stock of the Dow Jones Industrial Average effective with the first day of trading in the new stock. Chase Manhattan Corp. is acquiring J.P. Morgan and the transaction is expected to close December 31, 2000 pending votes by shareholders of both companies scheduled for December 22.
Component stocks in the Dow Jones Industrial Average ("DJIA") are selected by the editors of The Wall Street Journal, which is published by Dow Jones & Company. J.P. Morgan had been ...