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Legg Mason says Permal deal could spread to other units
February 1, 2013 / 1:35 PM / 5 years ago

Legg Mason says Permal deal could spread to other units

Feb 1 (Reuters) - 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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