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Lehman Races to Find a Buyer.

Authors :
Karnitschnig, Matthew
Mollenkamp, Carrick
Craig, Susanne
Lobb, Annelena
Lucchetti, aaron
Solomon, Deborah
Fitzpatrick, Dan
Source :
Wall Street Journal - Eastern Edition. 9/12/2008, Vol. 252 Issue 62, pA1-A14. 2p. 1 Black and White Photograph.
Publication Year :
2008

Abstract

The article reports that Lehman Brothers Holdings Inc. is trying to sell itself. Potential buyers include Bank of America Corp. and Barclays PLC. It is believed that any purchaser would want guarantees concerning loss protection from the U.S. government similar to those received by J.P. Morgan Chase & Co. when it bought out Bear Stearns Cos. No deal for Lehman appears imminent.

Details

Language :
English
ISSN :
00999660
Volume :
252
Issue :
62
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
34245739