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.
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.