Legg Mason shareholders approved the merger proposal with Franklin Resources, a global investment management organization. Franklin Resources will buy Legg Mason shares for $50 each. Franklin Resources will also commit about $2 billion of Legg Mason's outstanding debt.
Legg Mason shareholders approved the merger proposal with Franklin Resources, a global investment management organization. Franklin Resources will buy Legg Mason shares for $50 each. Franklin Resources will also commit about $2 billion of Legg Mason's outstanding debt. 
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