Friday, February 1, 2013

FOXBusiness.com: Legg Mason says Permal deal could spread to other units

FOXBusiness.com
FOX Business Network - The Power to Prosper
Legg Mason says Permal deal could spread to other units
Feb 1st 2013, 14:38

Legg Mason Inc sees the new revenue share agreement that it established with its affiliate Permal as a "good framework to create a strong alignment for other affiliates," said Joseph Sullivan, interim chief executive officer, on the firm's third-quarter earnings call Friday morning.

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