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Rating:Sale Buzz Continues to Swirl Around an Asset Manager Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 21, 2009

Sale Buzz Continues to Swirl Around an Asset Manager

by: Neil Anderson, Managing Editor

Another reporter claims beleaguered Lincoln Financial has put Delaware Investments on the block. Following a trade publication's similar story earlier this month (see The MFWire, 4/3/2009), Reuters' Paritosh Bansal reports on Tuesday that Lincoln expects to receive bids on the asset manager within "the next couple of weeks," citing sources familiar with the matter. Like P&I, Reuters also identifies Goldman Sachs as the banker working with Lincoln on the sale.

A spokeswoman for Delaware declined to comment to MFWire for this story. 

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