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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Paul Kern8/13/2008 3:36:37 PM
   of 110194
 
Lehman In Talks To Sell Mtge Assets To Blackrock-Bloomberg

Last update: 8/13/2008 3:15:32 PM

DOW JONES NEWSWIRES

Lehman Brothers Holdings Inc. (LEH) is in talks to sell $14 billion of its $40 billion in commercial real estate securities to a group including BlackRock Inc. (BLK), Bloomberg reported Wednesday, citing three people briefed on the situation.

According to two potential buyers approached by the firm, Lehman is seeking to sell the assets by the end of the year.

Web site: www.Bloomberg.com
-Dow Jones Newswires; 201-938-5500
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