Report: Barclays to Acquire Lehman Brothers

The Wall Street Journal is reporting that that the UK’s Barclays has reached an agreement to purchase the U.S. investment bank and capital-markets businesses of Lehman Brothers for about $2 billion. “The deal is to be put before a New York bankruptcy court judge for approval at 5 p.m. Lehman's creditors are to meet at 6 p.m. An official announcement isn't expected until Wednesday morning,” said WSJ.Barclays is buying a “stripped-clean” version of Lehman's North American business, which will include