Per Bloomberg, B of A in talks to buy LEH. Price talk unknown
I'd doubt that the price would exceed the current prices, and if anything, it will probably be less, think Bear Stearns
bear sterns fetched 10 bucksleh is certainly worth far more than BS - well wasi would be surprised B of A takes on another toxic waste dump - i am still curious how the countrywide thing is going to pan out.
the lower the better!!!
LEH Today 03:56pmLehman Brothers Holdings Inc BAC in talks to buy company, though deal is still far from a certainty - WSJ citing sources- BAC declines comments on the WSJ reportTradethenews.com