Lehman's stock price took a beating once again yesterday, this time amid chatter that Pimco and SAC Capital were pulling business from the bank. [WSJ, NYP]
To shore up capital, Citigroup CEO Vikram Pandit is selling the bank's consumer unit in Germany to France's Credit Mutuel Group for $7.7 billion. [Bloomberg]
Anheuser-Busch will now probably go ahead with a deal to sell to InBev, which is said to be upping its original buyout offer to $70 a share. [Bloomberg]
After trying and failing to sell off its appliance unit for months, GE chief Jeff Immelt says the company will now try to unload its entire consumer and industrial unit. [Reuters]
The government is mulling a takeover of ailing mortgage financing behemoths Freddie Mac and Fannie Mae. [NYT]
Ted Forstmann won't be selling IMG to Terry Semel after all. [NYP]
