Barclays to buy Lehman division for $1.75B
Barclays PLC will acquire the North American investment banking business from bankrupt Lehman Brothers Holdings Inc. for $1.75 billion, two days after it ditched plans to acquire the investment bank whole.
Barclays PLC will acquire the North American investment banking business from bankrupt Lehman Brothers Holdings Inc. for $1.75 billion, two days after it ditched plans to acquire the investment bank whole.
Under the terms of the deal, London-based Barclays will pay $250 million in cash for Lehman
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