Lehman to Offer $3 Billion in Convertible Preferreds

From Bloomberg: Lehman to Sell $3 Billion of Shares to Institutional Investors (hat tip Tim) Lehman Brothers Holdings Inc. … is selling at least $3 billion of new shares to U.S. institutions to reassure investors it has ample access to capital. Here are the details from the press release: L…
Original Source: feeds.feedburner.com/CalculatedRisk

  31 March, 2008| housingblogs | @ 22:18

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