Franklin Resources, Inc. (BEN)
NYSE · Common · CUSIP 354613101
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Security Profile

Security Type
Common Stock
CUSIP
354613101
Market Cap
Large Cap
Business: Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton. Franklin Templeton’s goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the Company has expertise across all asset classes, including equity, fixed income, alternatives and custom multi-asset solutions.
Notes: July 17, 2020 -- Franklin Resources, Inc. (“Franklin Templeton”) (NYSE: BEN) and Legg Mason, Inc. (“Legg Mason”) (NYSE: LM) announced today that all conditions to the closing of their previously announced merger transaction have been satisfied and the transaction is expected to close on July 31, 2020. Pursuant to the merger, which was announced on February 18, 2020, Franklin Templeton will acquire Legg Mason for $50.00 per share of common stock in an all-cash transaction. Franklin Templeton will also assume approximately $2 billion of Legg Mason’s outstanding debt.

Company Contact

CEO
Jennifer M. Johnson
CFO
Matthew Nicholls
Headquarters
One Franklin Parkway, San Mateo, CA 94403
Phone
650-312-2000
Investor Relations
Brian Sevilla · 650-312-4091 · investorrelations@franklintempleton.com
SEC EDGAR Filings
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