Shares of Legg Mason Inc. closed up more than 2 percent on Tuesday following a report that the Baltimore money manager has received a takeover offer. The story from Streetinsider.com, which cites an unnamed source, does not report the possible suitor or potential sale price. The scarce details could indicate talks are in the early stages, the report says. Streetinsider.com notes that rumors last year suggested that Legg (NYSE: LM) could be targeted by companies based in Japan. Legg has assets under…
from http://www.bizjournals.com/baltimore/news/2017/02/21/legg-mason-shares-up-on-takeover-rumor.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/157543051302
No comments:
Post a Comment