Lehman Brothers Holdings to sell $2.5 billion of subsidiary claims

By Kali Hays

New York, Jan. 14 – Lehman Brothers Holdings Inc. and some controlled affiliates have agreed to sell $2.5 billion of claims against Lehman Brothers Inc., according to a Wednesday news release.

The buyer of the claims was not included in the release and the sale is subject to undisclosed closing conditions.

New York-based Lehman Brothers Holdings Inc. was the fourth-largest investment bank in the United States. The company emerged from bankruptcy on March 6, 2012.

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