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Thursday, February 13, 2014

Market Chatter- Corporate finance press digest, (NYSE: JPM)

The following corporate finance-related stories were reported by media: * Private equity firm Oak Hill Capital Partners has hired JPMorgan Chase & Co to explore a sale of logistics provider Jacobson Companies Inc, hoping to fetch as much as $700 million, according to people familiar with the matter.* Italy's top two banks, UniCredit and Intesa Sanpaolo, are in talks to set up a vehicle to pool restructured loans with a nominal value of 1 billion euros ($1.37 billion), two sources close to the matter said on Thursday.

JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 0.89% or $0.51/share to $58.03. In the past year, the shares have traded as low as $46.05 and as high as $59.82. On average, 18164300 shares of JPM exchange hands on a given day and today's volume is recorded at 16607191.