Lehman's (LEHMQ.PK) bankruptcy estate is preparing to match Equity Residential's (EQR) $1.33B...

|By:, SA News Editor

Lehman's (LEHMQ.PK) bankruptcy estate is preparing to match Equity Residential's (EQR) $1.33B bid to buy 26.5% of Archstone from BofA (BAC) and Barclays (BCS), the WSJ reports. Equity and Lehman want to gain control of all of the appartment company, with the latter already owning 47% and looking to eventually take it public.