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Private Equity Firms Buy Lehman’s Neuberger Berman

September 28, 2008

The prized Neuberger Berman asset management business of bankrupt Lehman Brothers Holdings Inc. is being sold to private equity firms Bain Capital LLC and Hellman & Friedman LLC for $2.15 billion & #226; & #128;” a lot less than original estimates.

*For more on this story,

read the full Reuters article.

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