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Rating:Peltz Buys More Legg Mason Shares Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 4, 2011

Peltz Buys More Legg Mason Shares

News summary by MFWire's editors

Activist investor Nelson Peltz's Trian Fund Management has increased its stake in Legg Mason [see profile]. Trian purchased 2.65 million shares of the Baltimore-based asset manager this week for roughly $76.5 million, Bloomberg reports.

Trian now owns 13.9 million Legg Mason shares. 

Edited by: Armie Margaret Lee


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