LEH Lehm Bros Hldgs

Lehman Brothers Holdings Inc. (LEHMQ) is in talks with investors including Blackstone Group LP (BX) and Brookfield Asset Management Inc. (BAM) to raise $2.6 billion to buy a controlling stake in Archstone, as part of a plan to sell or liquidate it for $6 billion or more, Bloomberg News reported Wednesday, citing unnamed people familiar with the plan.

Lehman spokeswoman Kimberly Macleod declined to comment on the firm's plans for Archstone, the report said.

Full Story: http://www.bloomberg.com/news/2011-12-06/lehman-says-archstone-is-worth-more-than-implied-by-equity-residential-bid.html