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

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

Rating:PBGC Shakes its Head at the Neuberger Sale Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, December 19, 2008

PBGC Shakes its Head at the Neuberger Sale

by: Armie Margaret Lee

The Pension Benefit Guaranty Corp. is objecting to the planned sale of Lehman Brothers' investment unit to Neuberger Berman managers. In papers filed Wednesday at the U.S. Bankruptcy Court in Manhattan, the government-charted private pension insurer asked Judge James Peck to reject the transaction because it would wipe out pension liabilities of Lehman subsidiaries, The Wall Street Journal reported.

Lehman is slated to ask Judge Peck to greenlight the sale at a hearing on Monday. 

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
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. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use