Franklin Templeton (BEN) and Legg Mason (LM) acquisition information, including expected completion date and offer price, is displayed in the merger details table below.
This deal was successfully consummated on July 31, 2020
The major Franklin Templeton (BEN) and Legg Mason (LM) buyout news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Franklin Templeton (BEN) takeover of Legg Mason (LM) and trade the risk arbitrage spread. Following the acquisition news and events section, there are in-depth company profiles.
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Legg Mason (NYSE: LM) Merger - Acquisition News and Events
Legg Mason Company Profile
Legg Mason, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries.
The firm also launches and manages mutual funds and exchange traded funds for its clients through its subsidiaries. It invests in private and public equity, fixed income, and multi asset markets across the globe through its subsidiaries. Through its subsidiaries, the firm also invests in alternative markets. It also employs a combination of fundamental and quantitative research to make its investments through its subsidiaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.
