Losses of possibly more than $300 million during the first quarter have pushed Lehman Brothers Inc. to contemplate raising around $3 billion to $4 billion in capital, reports The Wall Street Journal. Lehman has raised $6 billion in capital this year. - Maria Woehr
By Edward Schneidman, Michael Blair and David Malinger, Mayer Brown
Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.
Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'
