Saturday, May 11, 2013 2:33:25 PM
If we don't get a merger, Alvarez & Marsal & the Lehman Estate will likely think the Street is undervaluing Lehman and that it is better off building its core business organically.
Besides, a merger could get messy for the Estate creditors and debtors whereas a new IPO could generate $6B+ while securing creditors and debtors interests in projects going forward.
Good luck.
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