Lehman Plans Sales, Posts $4B Quarterly Loss

September 9, 2008

Lehman Brothers Holdings Inc. plans to sell a majority stake in its asset management unit and spin off commercial real estate holdings, hoping to restore investor confidence and ensure its survival after reporting a record quarterly loss of about $4 billion.

*For more on this story,

read the full Reuters article.

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Lehman Plans Sales, Posts $4B Quarterly Loss

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