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Asset management firm $LM said it will acquire an 83% ownership stake in Clarion Partners, a New York-based real estate investment firm for $585MM. $LM will also pay for its portion of certain co-investments on a dollar for dollar basis, estimated at $16MM as of Dec. 31, 2015. The deal is expected to close in the second calendar quarter of 2016.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.