CEO Fuld's memo suggests Lehman Brothers is for sale

07/16/2008 | CNBC

People inside Lehman Brothers said a recent memo issued by CEO Dick Fuld indicates that the firm is for sale, with a private-equity firm or a bank as the possible buyer. The memo doesn't actually say the firm is for sale, but the tone suggests that Fuld and senior staff are seeking a takeover.

View Full Article in:

CNBC

Published in Brief: