MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, March 6, 2013 Legg Has Quite a Bit of Dry Powder Look out, world: Legg Mason [profile] has some cash and it isn't afraid to use it. The Baltimore-based shop has $1 billion for acquisitions, according to a Wall Street Journal report. As CFO Pete Nachtwey put it at a conference this week, Legg has "quite a bit of dry powder.” Legg Mason bought Fauchier Partners in December, its first deal in seven years. For more details, check out the original article here. Printed from: MFWire.com/story.asp?s=43191 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |