Barclays just announced that Lehman has started to re-open for business under its ownership. According to the release, more than 10,000 Lehman Brothers employees have been offered jobs in the new firm.

These follow the Bankruptcy Court for the Southern District of New York's approval on Saturday of the acquiring bank's agreement to buy Lehman Brothers' fixed-income and equity sales, trading and research; prime services; investment banking; principal investing and private investment management businesses in North America.

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