Lehman becomes predator, agrees to buy Neuberger

Article Abstract:

Lehman Brothers Holdings Inc. has reached a deal to acquire Neuberger Berman Inc. The stock and cash acquisition is valued at $2.63 billion (2.32 billion euros).

Author: Craig, Susanne, Lauricella, Tom
Acquisitions & mergers, Security and Commodity Services, Mergers, acquisitions and divestments, Company acquisition/merger, Mutual fund industry, LEH, Neuberger Berman Inc.

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Lehman's earnings jump 22%

Article Abstract:

Lehman Brothers Holdings Inc. earnings for the fourth quarter jump 22% with increased activity in investment banking as mergers sector posts Merry Christmas.

Author: Craig, Susanne
Sales, profits & dividends, Security brokers and dealers, Labor Distribution by Employer, Statistics, Company sales and earnings, Company earnings/profit

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Subjects list: United States, Securities industry, Lehman Brothers Holdings Inc.
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