Legg Mason completes purchaseLegg Mason Inc. said...

BUSINESS DIGEST

April 26, 1994

Legg Mason completes purchase

Legg Mason Inc. said yesterday that it has completed its previously announced purchase of Gray, Seifert & Co. for undisclosed terms.

Gray Seifert, a closely held New York investment counseling firm, has about $700 million under management in equity and balanced funds.

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