BRIEF-JPMorgan Chase Announces Visa’s Acceptance Of Class B-1 Common Stock

Reuters05-07

May 6 (Reuters) - JPMorgan Chase & Co :

* JPMORGAN - JPMORGAN CHASE ANNOUNCES VISA'S ACCEPTANCE OF CLASS B-1 COMMON STOCK

* JPMORGAN - VISA’S ACCEPTANCE RESULTED IN GAIN FOR THE FIRM OF ABOUT $8 BILLION RELATING TO THE VISA CLASS C COMMON STOCK, WHICH IS HELD AT FAIR VALUE

* JPMORGAN- INTENDS TO DONATE A PORTION OF THE VISA CLASS C COMMON STOCK WITH A VALUE OF ABOUT $1 BILLION TO THE JPMORGAN CHASE FOUNDATION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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