Lehman to Pay BofA $695.7 Million for Half of Archstone Stake

Lehman Brothers Holdings Inc. will pay Bank of America Corp. $695.7 million for half of its stake in real estate company Archstone, while Barclays Plc will get $628.5 million for a smaller stake, according to a regulatory filing. The payments will be reduced by certain expenses, Lehman said.

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