Replies to post #70337 on Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

>>>Yes. They are the successors but the ownership is no longer the LEHMAN equity holders.

So far, I have not found an article detailing when LBHI sold their 50.4% stake in l3-communications.

Nomura Holdings - We know about this deal,

Barclays - We know about this deal too,

L-3 Communications - Where is the info on this sell by LBHI?


**** This is why the LBHI CTs still trade on a market. Key word: "outstanding" ****

" 9.1. Successors and Assigns.

All guarantees and agreements contained in this Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Securities then outstanding."

https://www.sec.gov/Archives/edgar/data/806085/000104746903008869/a2105775zex-4_05.htm