<< Read Full Article

Lehman Seeking a Buyer, as Shares Spiral

Stock quotes in this article: LEH , JPM , BAC  

Updated from 2:05 p.m. EDT

Lehman Brothers (LEH Quote) shares were mired deep in the red again Thursday, as reports said the reeling investment bank is now seeking a buyer for the entire firm.

Lehman Brothers CEO Richard Fuld is actively shopping the entire firm after the market's sour response to a capital preservation plan, CNBC reported, citing sources close to the firm.

The Wall Street Journal then said Bank of America (BAC Quote) could be one of the potential buyers, citing people with knowledge of the matter. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services