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Closing Glance: Investment Banks slip

AP ONLINE
Posted: 2008-05-08 16:31:49

NEW YORK (AP) _ Shares of investment banks fell Thursday as Bear Stearns Cos. said it could face bankruptcy if shareholders do not approve a sale of the company in a vote May 29.

Here is a look at how some major investment banks fared in Thursday's trading:

Bear Stearns Cos. fell 11 cents to $10.16.

Goldman Sachs Group Inc. fell $2.04 to $187.72.

Lehman Brothers Holdings Inc. fell 71 cents to $42.93.

Merrill Lynch&Co. fell 54 cents to $47.94.

Morgan Stanley fell 73 cents to $46.48.



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