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Stock Market & Financial Investment News

News Breaks
January 10, 2013
12:13 EDTLMLegg Mason board against go-private until new CEO in place, Reuters says
The board of Legg Mason (LM) has rejected approaches from both private equity firms and senior managers with plans to take the company private, with the board opting not to explore these options until a new CEO is in place, according to a Reuters report that cites three sources. At the time of this writing, shares of Legg Mason had gained $1.10, or 4.23%, to $27.13. Reference Link
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