MutualFundWire.com: Is Neuberger Headed for Team Ownership?
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Thursday, September 18, 2008

Is Neuberger Headed for Team Ownership?


Lehman Brothers' investment management unit, which includes Neuberger Berman, may be getting not one but two new owners. Bloomberg reports that Bain Capital and Hellman & Friedman, both private equity firms, are negotiating to buy the unit as a team. The pub reports that while a deal is still possible as early as Thursday, Lehman Brothers bankruptcy is complicating the sale process.


Printed from: MFWire.com/story.asp?s=19363

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