Legg Mason (LM) Sees PE Indication of Interest, But Not Doing a Deal
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Nomura Says Legg Mason (LM) Buyout Unlikely
January 11, 2013 10:47 AM ESTLegg Mason Inc (NYSE: LM) moved higher Thursday after a Reuters report revealed potential interest from private equity firms. According to the report, talks were lead by money manager's largest affiliates, Western Asset and Clearbridge. However, the board refused to entertain talks until it finds a new CEO.
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Legg Mason (LM) Rips Higher as Private Equity Shows Interest
January 10, 2013 1:18 PM ESTLegg Mason Inc (NYSE: LM) popped higher Thursday afternoon after a Reuters report revealed potential interest from private equity firms.
According to senior management, Legg Mason was approached by more than one private equity firm, but decided against exploring a... More
