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EnTrust Global Completes Reacquisition of Legg Mason’s Interest

NEW YORK--(BUSINESS WIRE)--EnTrust Global (“EnTrust”), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.