Barclays Reaches $1.75 Billion Deal for a Lehman Unit - NYTimes.com: "Lehman had hoped to get as much as $5 billion for its investment management business, though it may not even receive that amount after the bankruptcy filing. If it gets the full $5 billion and $1.75 billion from the sale of its capital markets unit, the combined amount would value Lehman at around $10 a share — the same fire-sale price at which Bear Stearns was sold to JPMorgan Chase."
Wednesday, September 17, 2008
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