Lehman's Archstone to raise $3.5 billion in closely watched IPO
(Reuters) – Archstone Inc, the apartment building owner and developer owned by Lehman Brothers Holdings Inc, said on Monday it plans to raise up to $3.45 billion in its initial public offering, making it the biggest U.S. commercial real estate IPO ever. If the listing, which will be in the form of a real estate investment trust or REIT, takes place this year, it would be the third largest U.S. IPO of 2012, behind Facebook Inc and Banco Santander’s Mexican unit. Archstone’s filing did not reveal how many shares the company planned to sell or the expected price. …
U.S. soldier enters no plea in 2009 Iraq shootings
TACOMA, Washington (Reuters) – A U.S. soldier accused of killing five fellow servicemen at a military combat stress center in Baghdad in 2009 entered no plea at an arraignment on Monday at a military base in Washington state. Sergeant John Russell, 48, is accused of going on a shooting spree at Camp Liberty, near the Baghdad airport, in an assault the military said at the time could have been triggered by combat stress. …
Monday, November 19, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment