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Global Deals Review: Q4 2009

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Lehman stock falls 25 percent to new low after-hours

NEW YORK
Thu Sep 11, 2008 7:44pm EDT
The exterior of the world headquarters for Lehman Brothers is seen in New York September 11, 2008. REUTERS/Brendan McDermid

NEW YORK (Reuters) - Lehman Brothers Inc LEH.N saw its stock fall another 25 percent to a new low in after hours trade on Thursday, after news that U.S. authorities were in talks over a possible sale of the troubled investment bank.

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The stock was bid around $3.20 in after-hours trade.

Earlier Lehman Brothers stock closed down 42 percent at $4.22 on the New York Stock Exchange as investor fears grew that Lehman would fail to raise enough capital to cover its mortgage-related losses.
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