Lehman Bros. Holdings Inc.’s estate is selling apartment-building owner Archstone Enterprise LP — its single-largest asset — to Equity Residential and AvalonBay Communities Inc. in a $6.5 billion cash and stock deal, the Los Angeles Times reports.
Lehman Bros. Holdings Inc.’s estate is selling apartment-building owner Archstone Enterprise LP — its single-largest asset — to Equity Residential and AvalonBay Communities Inc. in a $6.5 billion cash and stock deal, the Los Angeles Times reports.