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KM Financial Solutions | UPDATE 1-Franklin Resources to buy Legg Mason in a $4.5 billion deal
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UPDATE 1-Franklin Resources to buy Legg Mason in a $4.5 billion deal

17 Feb UPDATE 1-Franklin Resources to buy Legg Mason in a $4.5 billion deal

Posted at 13:02h in News by
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Asset manager Franklin Resources Inc
said on Tuesday it would buy mutual fund company Legg
Mason Inc in an all-cash deal valued at $4.5 billion, to
create an investing giant with about $1.5 trillion in assets
under management.

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