As part of its plan to deleverage its business, Lehman Brothers company is considering possible raise up of its capital from $3 to $4 billion.
New capital may be raised by issuing common shares, diluting existing shareholders, and would probably be announced in conjunction with its quarterly results due the week of June 16, the Journal said.
New capital may be raised by issuing common shares, diluting existing shareholders, and would probably be announced in conjunction with its quarterly results due the week of June 16, the Journal said.
Lehman's market value is about $18.7 billion, based on Monday's closing stock price of $33.83, Reuters data shows.
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