The Massachusetts Bay Transportation Authority disclosed yesterday that it has selected the management group for its $275 million bond offering that is expected later this month.

An official at tje authority, who spoke on condition that he not be named, said the MBTA's management group for approximately the next two years will consist of First Boston Corp.; Goldman, Sachs & Co.; Bea, Stearns & Co.; W.R. Lazard, Laidlaw & Mead Inc.; Lehman Brothers; Merrill Lynch & Co.; J.P. Morgan Securities Inc.; Morgan Stanley & Co.; Prudential Securities Inc.; and Smith Barney, Harris Upham & Co.

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