Legg Mason
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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 to acquire 100% of Legg Mason for $4.5Bn at $50.00 per share of common stock in an all-cash deal. Legg Mason affiliates to remain in place with current leadership, strategies and brands. Expect to rationalize the parent company and integrate parent company distribution with our existing operations.
Franklin Templeton acquired Legg Mason on 7/31/20. This website is intended for residents of Canada. Our acquisition of Legg Mason closed on July 31, 2020. Learn about our combined capabilities that enhance our ability to deliver better outcomes for clients.
May 15, 2020 · BALTIMORE, May 15, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced that its shareholders have voted to approve its proposal to merge with Franklin Resources, Inc. (NYSE: BEN ), a...
May 15, 2020 · May 15, 2020 4:15PM EDT. BALTIMORE, May 15, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced that its shareholders have voted to approve its proposal to merge with Franklin...
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 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.
