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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Neuberger Berman

Neuberger Berman stories: 1 news summaries

Lehman's Asset Management Arm Sold on Cheap for $2B

Prestigious Neuberger Berman goes to 2 private equity firms

Sep 30, 08 6:10 AM CDT
(Newser) - Two private equity firms will acquire Neuberger Berman, the largest and most prestigious component of Lehman Brothers, for $2.15 billion. Bain Capital and Hellman & Friedman will pay in cash for the wealth management firm—an indication of just how stultified credit markets have become. Only a month before... More »

MORE ABOUT:
private equity • Bain Capital • asset management • Lehman Brothers • private equity firms • Neuberger Berman • Hellman & Friedman

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