Report: Barclays to Acquire Lehman Brothers

The Wall Street Journal is reporting that that the UK’s Barclays has reached an agreement to purchase the U.S. investment bank and capital-markets businesses of Lehman Brothers for about $2 billion. “The deal is to be put before a New York bankruptcy court judge for approval at 5 p.m. Lehman's creditors are to meet at … Continue reading "Report: Barclays to Acquire Lehman Brothers"

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