Franklin Resources Inc (LTS:0RT6)
$ 21.065 -0.34 (-1.59%) Market Cap: 11.02 Bil Enterprise Value: 20.55 Bil PE Ratio: 24.47 PB Ratio: 0.85 GF Score: 73/100

Franklin Templeton to Acquire Legg Mason - Conference Call Transcript

Feb 18, 2020 / 01:30PM GMT
Operator

Good morning, and welcome to Franklin Resources' Conference Call to discuss the acquisition announcement of Legg Mason & Co., Inc.

Statements made in this conference call regarding Franklin Resources, Inc. and Legg Mason & Co., Inc., which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements speak only as of today's date and involve a number of known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from any future results expressed or implied by such forward-looking statements. These and other risks, uncertainties and other important factors are described in more detail in Franklin's press release distributed this morning at 7:30 a.m. Eastern and in Franklin's and Legg Mason's recent filings with the Securities and Exchange Commission, including in each company's most recent Form 10-K and 10-Q filings.

I'd now like to introduce the President and CEO of Franklin Templeton, Jenny Johnson. Ms.

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