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Legg Mason's Prospects Look Muddy At Best

Forbes - 9 Jul 2019 16:50
Legg Mason's Prospects Look Muddy At Best Legg Mason plans to reduce annual costs by as much as $110 million. But, Trian, which owns 4.5% of Legg Mason and has 3 board seats, wants the company to boost revenue as well as cut costs and they don't sound patient.
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