Replies to post #107943 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: On September 22, 2008, Nomura Holdings announced that it had agreed to acquire Lehman Brothers' franchise in the Asia Pacific region, …. Etc.

—-//—-//—-

HELLO JOYCE, I have read this before and thought it was bad news. But now I realize that it maybe very positive because it may stay and operate as LEHMAN with new fresh capital. It seems to me that only “franchise” ownership have changed. Since these are all “non-Controlled” LBHI, The same holders will stay and only the majority changes.
‘WHAT dot you think ???’

[cottonisking]

Creditors of Lehman Brothers Holdings Inc. retain a 49% common equity interest in the firm, now known as Neuberger Investment Management.[30]

The Firm purchased/redeemed all of LBHI's preferred and common shares shortly after March 6, 2012. LBHI's Creditors received their cash in a distribution.