GS to buy LEH?

Discussion in 'Wall St. News' started by wareco, Sep 11, 2008.

  1. I agree about the 24 to 48 hour part. I doubt Goldman will buy unless there is some sweet deal offered by the treasury or fed.
  2. LEH:Hearing renewed takeover chatter circulating - Goldman again rumored as potential acquirer as was heard late on 9/9 <related: GS > 9/11/2008 10:42:44 AM
  3. m22au


    I think the GS for LEH rumor makes sense.

    As potential buyers walk away / stock price remains below $10 / stock price falls / CDS widens, LEH's power to demand a certain price diminishes.

    So if GS bids a value more than zero, then the likelihood of that bid being accepted increases.

  4. What would prevent GS from going long the market just before their bid of say $6? They would would eventually get 'paid' to take over LEH.