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Lehman mulls sale of Neuberger: report

Fri Jul 25, 2008 6:05am EDT
The exterior of the world headquarters for Lehman Brothers is seen in New York June 4, 2008. REUTERS/Brendan McDermid

(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.

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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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