Lehman to Spin Off Commercial RE Assets

Article Date : 11 September 2008
News Section: USA

Lehman Brothers Holdings Inc., after posting its largest quarterly loss in its 158-year company history--some $3.9 billion, or $5.92 a share--has unveiled plans to spin most of its commercial real estate assets off into a new and separate public company...

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Article provided by Commercial Property News.
Read the full article here: http://www.commercialpropertynews.com/cpn/content_display/industry-news/e3i0df7faafa28db3e9c014bbc0a42a96ec

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