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Stock Market & Financial Investment News

News Breaks
January 11, 2013
08:49 EDTLMCiti sees 'many complexities' with possible Legg Mason buyout
Following reports that private equity approached Legg Mason about a potential buyout, Citigroup says such a deal would be "fraught with many complexities." Citi estimates that a break-up of Legg Mason could yield $28-$30 per share, and possibly $34 per share should bankers be willing to lever the platform to four times EBITDA. Citi views shares of Legg Mason as "fundamentally pricey" at current levels and keeps a Neutral rating on the name.
News For LM From The Last 14 Days
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November 25, 2014
07:30 EDTLMLegg Mason price target raised to $60-$65 from $56-$60 at Wells Fargo
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November 20, 2014
10:33 EDTLMHigh option volume stocks
High option volume stocks: KBR LM PRGO CHRW DG ZMH LGF ZTS OSIR REGI
November 19, 2014
07:37 EDTLMCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 13, 2014
17:00 EDTLMTrian Fund Management gives quarterly update on stakes
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08:02 EDTLMLegg Mason reports preliminary October AUM of $719.5B
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November 12, 2014
07:28 EDTLMBofA/Merrill to hold a conference
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