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LEH Lehm Bros Hldgs

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Share Name Share Symbol Market Type
Lehm Bros Hldgs NYSE:LEH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Lehman To Seek $2.6 Billion To Buy Controlling Stake In Archstone - Bloomberg News

07/12/2011 2:28am

Dow Jones News


Lehman (NYSE:LEH)
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Lehman Brothers Holdings Inc. (LEHMQ) is in talks with investors including Blackstone Group LP (BX) and Brookfield Asset Management Inc. (BAM) to raise $2.6 billion to buy a controlling stake in Archstone, as part of a plan to sell or liquidate it for $6 billion or more, Bloomberg News reported Wednesday, citing unnamed people familiar with the plan.

Lehman spokeswoman Kimberly Macleod declined to comment on the firm's plans for Archstone, the report said.

Full Story: http://www.bloomberg.com/news/2011-12-06/lehman-says-archstone-is-worth-more-than-implied-by-equity-residential-bid.html

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