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NYSE suspends trading in Lehman Brothers shares

NEW YORK (Reuters) - The New York Stock Exchange's regulatory arm said on Wednesday that trading in shares of Lehman Brothers Holdings, Inc LEH.NLEH.P has been suspended, effective immediately.

The exchange said that a listing was no longer considered suitable after the investment bank filed for bankruptcy on Monday.

“NYSE Regulation noted the uncertainty as to the timing and outcome of the bankruptcy process as well as the ultimate effect of this process on the company’s equity holders,” NYSE Regulation said in a statement.

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