Carlyle to bid on Neuberger Berman: source

antigop

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Thu Oct-30-08 07:57 PM
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Carlyle to bid on Neuberger Berman: source

http://financialweek.com/apps/pbcs.dll/article?AID=/20081030/REG/810309983/1036

Private equity firm Carlyle is expected to bid for Lehman Brother’s investment management division, including Neuberger Berman, a source told Reuters on Thursday.

Silver Lake, Blackstone, TPG have also shown interest in Lehman’s investment management division, but the source said they have not submitted formal bids.

That's the entire article.

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Hannah Bell

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Fri Oct-31-08 01:31 AM
Response to Original message

1. Neuberger Berman = Lehman assets & GW Bush's 1st cousin:

http://www.topix.com/forum/com/neu/TQKCQLE4BNUONMD48

Significance of carlyle buying them?

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