Wednesday, May 15, 2019

Nelson Peltz reportedly considering activist fight at Legg Mason

Activist investor Nelson Peltz, whose fund was once the largest shareholder of Legg Mason Inc., is reportedly targeting the money manager again. Peltz’s firm, Trian Fund Management LP, is considering waging an activist fight to get Baltimore-based Legg Mason to improve its financial results, the Wall Street Journal reports. It would mark the second time in 10 years Peltz has been involved with Baltimore-based Legg Mason. Trian and Legg Mason management have had discussions about cutting costs…



from https://www.bizjournals.com/baltimore/news/2019/05/15/nelson-peltz-reportedly-considering-activist-fight.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184899413432

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