Chilean Bank Buys Legg Mason's Local Unit

Banco de Chile, the country’s second-largest bank has bought Legg Mason’s local fund management unit for $13 million. The deal is part of the Citi-Banco de Chile $2 billion merger that is due to close....

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By: Toni Blake
December 5, 2007
Banco de Chile, the country’s second-largest bank has bought Legg Mason’s local fund management unit for $13 million. The deal is part of the Citi-Banco de Chile $2 billion merger that is due to close....