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Report: Legg Mason Eyeing Acquisition Of Clarion Partners For $850 Million
Tuesday, January 5, 2016 - 10:27am | 129According to a Bloomberg report, Legg Mason Inc (NYSE: LM) is in exclusive talks to acquire a majority stake in Clarion Partners, a real estate investment specialist with around $38 billion in assets under management. Bloomberg, citing "people with knowledge of the matter,"...