BofA, JC Flowers, CIC planning joint Lehman Brothers bid

I want to see them convince the 80% of lehman shareholders(institutions) to give away the bank at a discount to $3.5 per share, when neuberger is worth $3. this people just lost a lot of money they dont care about america or the financial system
 
Quote from Daal:

I want to see them convince the 80% of lehman shareholders(institutions) to give away the bank at a discount to $3.5 per share, when neuberger is worth $3. this people just lost a lot of money they dont care about america or the financial system
More...

You need someone to take over $600 bil worth of liabilities. The equity might get jack.
 
you could be right but I'm just trying to think like the shareholders think. they are 'strong hands' they believe on the company and lost a lot of money, they are going to shutdown ridiculous deals. BTW, we should not be talking about LEH, that forum description says NO PENNY STOCKS :D
 
Bank of America also walks away:

Bank of America no longer in bidding for Lehman Brothers: report 3:48pm EDT (Reuters)
 
So has this now netting session ended?

SDA confirms a netting trading session will take place between 2 pm and 4 pm New York time for OTC derivatives
 
You must log in or register to reply here.
Back
Top