E.F. Hutton Purchase by Shearson Lehman Wood Sign

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E.F. Hutton Purchase by Shearson Lehman Wood Sign - Rare

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Our Price: $675.00

Sale Price: $575.00

Vintage Collection

Product Code: VT287-4

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Description

This is rare. This wooden signed commemorates the purchase of E.F. Hutton by Shearson Lehman Brothers in 1988. After the purchase, they would become Shearson Lehman Hutton. Memorabilia from Shearson Lehman Hutton is very rare. This name only existed from 1988 to 1990 when American Express dropped Hutton from the name.

The sign was made by Salomon Brothers (who would later be acquired by Citigroup to form Salomon Smith Barney) who acted as advisor to E.F. Hutton. The purchase took place January 14, 1988.

Shearson was founded in 1902 and underwent several mergers with well known companies including American Express. They merged with Lehman Brothers in 1984 and then E.F. Hutton in 1988. Subsequent mergers included Primerica/ Citigroup and then finally Smith Barney and eventually the Shearson name got removed. Smith Barney would go on to merge with Morgan Stanley.

E.F. Hutton Acquisition by Shearson Lehman Brothers Wood Sign - RARE
Age: 1988
Wood sign with lacquered finish
Display measures: 13" H x 10" W
Weight; 2 lbs 11 oz
Condition: As pictured, Has wear and scratches and some staining. Edges have some chipping and knicks.