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Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. [2]
May 31, 2023 · Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries.
Franklin Templeton is a global leader in asset management with more than seven decades of experience. Learn more about our range of mutual funds and ETFs.
Jul 31, 2020 · San Mateo, CA, July 31, 2020 – Franklin Resources, Inc. (the “Company”) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.
Feb 18, 2020 · Franklin Templeton to Acquire Legg Mason, Creating $1.5 Trillion AUM Global Investment Manager. February 18, 2020. Combined Company to Offer Complementary Investment Strategies through Expanded Global Distribution Platform. Significant Diversification, Including Increased Alternative and Institutional Assets.
Jul 17, 2020 · Pursuant to the merger, which was announced on February 18, 2020, Franklin Templeton will acquire Legg Mason for $50.00 per share of common stock in an all-cash transaction. Franklin Templeton will also assume approximately $2 billion of Legg Mason’s outstanding debt.
Feb 18, 2020 · Franklin Resources and rival Legg Mason are joining forces. So what does the $4.5 billion combination of two of the world’s largest asset managers mean for you?
