Macy's did business with Lehman Brothers. Lehman Brothers was an investment bank that provided financial services to Macy's, including underwriting debt and equity offerings, and providing advice on mergers and acquisitions.
For example, in 2006, Lehman Brothers underwrote a $1.5 billion debt offering for Macy's. Lehman Brothers also advised Macy's on its acquisition of May Department Stores in 2005.
The relationship between Macy's and Lehman Brothers ended when Lehman Brothers filed for bankruptcy in 2008.
Here is a quote from a 2008 New York Times article about the relationship between Macy's and Lehman Brothers:
"Lehman Brothers was a major underwriter of Macy's debt and equity offerings, and also advised the company on mergers and acquisitions. In 2006, for example, Lehman Brothers underwrote a $1.5 billion debt offering for Macy's."
/ DOW
npub12nv…y6eh
2023-11-12 11:35:01
Author Public Key
npub12nv0jrtms6arzwsggg7g6ucdpk7ku9ajdk63smpvp3rnery3yq0sw3y6ehPublished at
2023-11-12 11:35:01Event JSON
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"content": "Macy's did business with Lehman Brothers. Lehman Brothers was an investment bank that provided financial services to Macy's, including underwriting debt and equity offerings, and providing advice on mergers and acquisitions.\n\nFor example, in 2006, Lehman Brothers underwrote a $1.5 billion debt offering for Macy's. Lehman Brothers also advised Macy's on its acquisition of May Department Stores in 2005.\n\nThe relationship between Macy's and Lehman Brothers ended when Lehman Brothers filed for bankruptcy in 2008.\n\nHere is a quote from a 2008 New York Times article about the relationship between Macy's and Lehman Brothers:\n\n\"Lehman Brothers was a major underwriter of Macy's debt and equity offerings, and also advised the company on mergers and acquisitions. In 2006, for example, Lehman Brothers underwrote a $1.5 billion debt offering for Macy's.\"",
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