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Why Franklin Resources Is Buying Legg Mason for Almost $4.5 Billion

Why Franklin Resources Is Buying Legg Mason for Almost $4.5 Billion Feb.18 -- Franklin Resources Inc. agreed to acquire asset manager Legg Mason Inc. for almost $4.5 billion in a deal that would create an active-management investing giant. Bloomberg's Sonali Basak reports on "Bloomberg Daybreak: Americas."

Bloomberg,

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