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Wasserstein estate sells $64m of Lazard shares

NEW YORK (Bloomberg) - The estate of Bruce Wasserstein, the chief executive officer of Lazard Ltd. who died October 14 at the age of 61, sold about $63.6 million of the firm's stock.

The estate sold 1.83 million shares at $34.75 each today, the Hamilton, Bermuda-based company said in a regulatory filing.

The estate still holds two million shares and Mr. Wasserstein's trust owns an additional 7.98 million shares, according to the filing.

Mr. Wasserstein's estate sold 2.67 million shares for about $97 million in December. Last quarter, Lazard took a one-time charge of $86.5 million related to the accelerated amortization of Mr. Wasserstein's equity stake.

Mr. Wasserstein, whose net worth was estimated by Forbes magazine at $2.2 billion, left his money to family members and schools he attended, according to his will.

His beneficiaries include six children, the youngest a daughter, Sky, born June 30, 2008.

They are to receive his bequests pursuant to a non-public 2008 trust agreement, according to his will and court documents.