Lehman Brothers executives are seriously considering a plan to take the investment bank private, according to unidentified sources. Lehman shares, down 79 percent this year, have been battered by insolvency rumors. Lehman employees already own about 30 percent of outstanding stock. (New York Post) Analysts said European banks, like HSBC or Deutsche Bank, were the most likely bidders if Lehman put itself for sale. (MarketWatch)
The bottom line
July 15, 2008
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