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Article: Legg Mason's Bill Miller Releases 4Q05 Shareholders' Letter.
- Article from:
- PR Newswire
- Article date:
- January 26, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALTIMORE, Jan. 26 /PRNewswire-FirstCall/ -- The following is a letter from Bill Miller, CEO, Legg Mason Capital Management, to shareholders of Legg Mason Value Trust:
A Note to New Shareholders
During the fourth calendar quarter of 2005 Legg Mason and Smith Barney completed an agreement whereby Legg Mason's financial advisors became part of Smith Barney's sales force, which will now be able to distribute Legg Mason mutual funds, including the Value Trust.
We are extremely grateful to the former Legg Mason financial advisors who have entrusted their clients assets to us over the years. We share our chairman Chip Mason's respect and admiration ...