NEW YORK (Reuters) – The plan to sell Lehman Brothers Holdings Inc’s investment-management unit has been delayed due to wrangling over how to run the business and pay fund managers, Bloomberg reported on Wednesday, citing people familiar with the talks.
A Lehman spokesman was not immediately available for comment.
Lehman, now bankrupt, wanted to announce the sale to Bain Capital LLC and Hellman & Friedman LLC by last week, the news agency reported the people as saying.
