Trouble in Store for Citi in Legg Mason Deal

The proposed transfer of mutual fund assets from Citi to Legg Mason has encountered its first problem. Hedge funds with large holdings in several of Citigroup’s mutual funds have launched a proxy fight....

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By: Stephen Harris
September 9, 2005
The proposed transfer of mutual fund assets from Citi to Legg Mason has encountered its first problem. Hedge funds with large holdings in several of Citigroup’s mutual funds have launched a proxy fight....