MutualFundWire.com: What Can You Buy for $281.2 Million?
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Thursday, December 16, 2004

What Can You Buy for $281.2 Million?


Baltimore, Maryland-based Legg Mason raised $281.2 million in a public offering of four million shares of its stock priced at $70.30 per share.

The money is earmarked for "general corporate purposes, including potential future acquisitions," officials stated in a release.

Legg Mason Wood Walker, Goldman Sachs and Merrill Lynch managed the offering, officials stated.


Printed from: MFWire.com/story.asp?s=8658

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