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Lehman Brothers(LEH Quote) shares surged early Friday after a report that the Korea Development Bank would consider acquiring the struggling U.S. investment bank.
Earlier this week, the New York Post had reported that talks between the two banks had died, as analysts predicted up to $4 billion in third-quarter losses.
"We are studying a number of options and are open to all possibilities, which could include [buying] Lehman,'' a Korea Development Bank spokesman said, according to a Reuters report. ...
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