Lehman mulls sale of Neuberger: report

Fri Jul 25, 2008 11:05am BST
 
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(Reuters) - Officials at Lehman Brothers Holding Inc LEH.N have considered selling at least part of its Neuberger Berman asset management unit, CNBC said citing sources.

If Lehman sold the entire unit, the deal could fetch around $8 billion, the sources told the channel.

(Reporting by Ajay Kamalakaran; Editing by Greg Mahlich)

 
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