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Article: LEGG MASON/BARTLETT ACCORD; LEGG MASON'S ASSETS UNDER MANAGEMENT WILL RISE TO OVER $30 BILLION
- Article from:
- PR Newswire
- Article date:
- October 23, 1995
CopyrightCOPYRIGHT 1995 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, Oct. 23 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) and Bartlett & Co., a Cincinnati-based asset management company, announced today the signing of a definitive agreement to merge Bartlett into Legg Mason in an exchange of stock. Under the terms of the agreement, Legg Mason would issue approximately 1,250,000 new shares of its Common Stock, or approximately 9% of its currently outstanding shares, to Bartlett's shareholders. The merger will be accounted for as a pooling of interests; it is expected to be non-dilutive on future earnings per share.
Bartlett, which was founded in Cincinnati in 1898, manages approximately $2.2 billion primarily in equity, ...
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Article: Legg Mason Acquires Berkshire Asset ...
Business Wire;
September 7, 1999 ;
700+ words
... ... Sept. 7, 1999-- Legg Mason, Inc. (NYSE: LM) has acquired Berkshire Asset Management, Inc., a Wilkes ... owned subsidiary of Legg Mason and will continue to ... executive officer of Legg Mason, commented, "We are ...
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