M/05/049 – Citigroup / Legg Mason
Transaction details
Proposal whereby Citigroup, Inc. (Citigroup) would acquire all of the capital markets and private client broker-dealer business of Legg Mason, Inc. (Legg Mason) by purchasing the shares of certain affiliated companies of Legg Mason.
| Notification date | Decision date |
|---|---|
| Thursday August 11, 2005 | Wednesday, September 21, 2005 |
| Parties Involved | Business activities |
|---|---|
| Citigroup | Global financial services company |
| Legg Mason | Asset management, securities brokerage, investment banking |
| Economic sector | Media merger |
|---|---|
| Brokerage | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| . | . |
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