Centerbridge in Talks for Stake in Merritt Properties, FT Says

A unit of Neuberger Berman is in talks to sell a minority stake in Merritt Properties to Centerbridge Partners, valuing the business at about $3 billion including debt, the Financial...

By Marcus Wright · Bloomberg

A unit of Neuberger Berman is in talks to sell a minority stake in Merritt Properties to Centerbridge Partners, valuing the business at about $3 billion including debt, the Financial Times reported on Sunday.