Legg Mason (LM) Rips Higher as Private Equity Shows Interest
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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.
... More
Legg Mason (LM) Sees PE Indication of Interest, But Not Doing a Deal
January 10, 2013 12:37 PM ESTLegg Mason, Inc. (NYSE: LM) jumped higher on reports it was approached by PE firms for a deal, but is not exploring a sale at this time.
Shares of LM are up 4% mid-day.... More
Legg Mason (LM) CEO To Step Down Oct. 1
September 11, 2012 7:02 AM EDTLegg Mason, Inc. (NYSE: LM) announced that Mark R. Fetting, Chairman and Chief Executive Officer, has decided to... More
