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Lehman asset sale in 'next few days'

Lehman Brothers administrators PwC said they hope to seal the sale of the bankrupt bank's asset management and corporate finance businesses in the next few days and "create certainty for all involved".

Dan Schwarzmann, a partner at PwC and a chief administrator to Lehman, said today: "We are in discussions with interested parties to sell the Lehman Brothers asset management and corporate finance businesses."

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