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: Securities Law Prof Blog

Lehman Announces $2.8 Billion Loss

By Securites Lawprof

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Lehman Brothers said that it lost $2.8 billion in the second quarter and plans to raise $6 billion by selling stock, $4 billion in common stock (increasing its outstanding by 25%) and $2 billion in convertible preferred shares. The loss...

Full post as published by Securities Law Prof Blog on June 09, 2008 (boomark / email).

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