Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Bloomberg: The Neuberger Deal is All Stock Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, December 10, 2008

Bloomberg: The Neuberger Deal is All Stock

by: Neil Anderson, Managing Editor

It looks like the price tag for Neuberger is over $1 billion, and the transaction is entirely in stock. Bloomberg's Linda Sandler and Serena Saitto report that Neuberger employees will pay $813.8 million in new preferred shares, plus 49 percent of Neuberger's common stock, to own the other 51 percent.

The final sale of beleagured Lehman Brothers asset manager came to light last week after private equity firms Bain Capital and Hellman & Friedman reportedly walked away from the deal, though not without some money of their own (see MFWire, December 3, 2008, December 4, 2008 and December 5, 2008). 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use