GE's Immelt declined Lehman stake offer - NY Post

(Adds GE declining to comment)

Sept 25 (Reuters) - General Electric Co's (GE.N: Quote, Profile, Research, Stock Buzz) chief executive, Jeff Immelt, turned down an offer for the company to take as much as a 20 percent stake in Lehman Brothers Holdings Inc (LEHMQ.PK: Quote, Profile, Research, Stock Buzz) prior to Lehman's collapse, the New York Post said citing sources.

Lehman's chief executive Richard Fuld called Immelt before the company filed for bankruptcy, the paper said.

Fuld also turned to American International Group's (AIG.N: Quote, Profile, Research, Stock Buzz) then-CEO Marty Sullivan to arrange a deal, the paper said citing sources.

A GE spokesman declined to comment when contacted by Reuters. Neither Fuld nor spokespeople at AIG could be reached for comment. (Reporting by Ajay Kamalakaran in Bangalore; Editing by Greg Mahlich)