FinancialsPeltz unloads Legg Mason stake to Shanda GroupApr. 12, 2016 7:43 AM ETLegg Mason, Inc. (LM) StockBy: Stephen Alpher, SA News Editor Singapore-based Shanda Group agrees to purchase Trian Fund's 9.9% stake in Legg Mason (NYSE:LM). Trian says it's selling its position for portfolio management reasons. Source: Press Release Now read: Legg Mason Is A Strong But Overvalued Company Recommended For YouMore Trending NewsSee More »Related StocksSymbolLast Price% ChgLM--Legg Mason, Inc.Trending AnalysisTrending News