Financial Services Question
Looks like more people want to acquire Lehman. Who will do the deal and at what price?
Asked by Intern in
Financial Services
3 months ago
Stocks referenced: LEH
Best Answer
437 points
NYInvestor answered 3 months ago …
I'm not sure if anybody would do the deal.
Lehman may be able to sell some of its assets or extend a rights offering to existing shareholders -- that would be ideal.
Second best case, the Korean Development Bank (most likely suitor) would invest directly in Lehman. This would shore up some cash and still allow Lehman to remain independent.
Worst case, the company sells outright at a steep discount (it's looking more and more like Bear).
Answers
2703 points
MNSL answered 3 months ago …
I think most probably Korean Devlopment Bank will invest in it.
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