Bloomberg News

Barclays Opposes Lehman Bid to Stop Archstone Option Deal

January 03, 2012

Jan. 3 (Bloomberg) -- Barclays Plc, which with Bank of America Corp. holds 53 percent of Lehman Brothers Holdings Inc.’s biggest real-estate asset, Archstone, criticized Lehman’s challenge of an option the banks gave to Equity Residential for half of their stake at a still-undetermined price, according to a court filing today.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Fred Strasser at fstrasser@bloomberg.net


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