The Jupiter / Merian deal ... - Part 3

Tuesday, 18 February 2020, 12:58 pm

Well that didn't take long. From one asset management deal to the next in just 24 hours. The latest is in the US with Franklin Templeton buying Legg Mason for $6.5 billion.

The venerable Wall Street Journal got the "scoop" although one is often suspicious when the actual deal is announced just a few hours after publication.

https://www.wsj.com/articles/franklin-resources-is-in-talks-to-buy-legg-mason-11582009251..

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