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 companies2 of Legg Mason.
| Economic sector | Media merger |
| Brokerage | No |
Notification date: Thursday, August 11, 2005
| Parties Involved | Business activities |
| The Trustees of Telecom Eireann Superannuation Fund | |
| Bord Telecom Eireann Lapp's Quay | global financial services company |
| Citigroup | asset management, securities brokerage, investment banking, |
| Legg Mason | |
|
Current status |
Completed |
Preliminary investigation (Phase 1) |
Decision date: Wednesday, September 21, 2005
