Legg Mason

Miller Backs Microsoft Buyout Of Yahoo

Bill Miller, the Legg Mason fund manager who controls 5.4 percent of Yahoo, wants to see Microsoft buy the company. Halfway measures–such as a joint venture –don’t interest him.
That would seem to put him squarely in Icahn’s camp. But Miller’s still being coy, saying he’s undecided on how he’ll vote in the proxy fight.

Legg’s Miller undecided on Icahn’s Yahoo slate
[Retuers]

Legg Fetting?

“Legg Mason is expected to announce that Mark Fetting will become its new chief executive, succeeding co-founder Raymond Mason,” the Wall Street Journal is reporting.