Report title: Lehman Brothers: - Barclays Buys Investment Bank and NY Headquarters
from CreditSights
1165 word report published Sep 17, 2008

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Abstract: Lehman Brothers sold its North American investment bank and capital-markets businesses to Barclays for $1.75. Our initial read is that the deal has minimal impact on the recovery value. Subject to approval of U.S. Bankruptcy Court/regs.

Brief Excerpt: Lehman Brothers: - Barclays Buys Investment Bank and NY Headquarters Lehman Brothers sold its North American fixed income and equities sales, trading and research and investment banking businesses, along with its headquarters,áto Barclays...

Report Type: Company Article
Source: CreditSights Inc
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