Mergers & Acquisitions

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Deal Overview

Buyer:
Legg Mason, Inc.
Target:
First Marine Mortgage
Deal Type:
Specialty Finance Company
Agreement Date:
4/1/1997
Announcement Date:
4/1/1997
Announced Deal Value ($ M):
NA
Status:
Completed
Completion Date:
4/1/1997

Deal Terms
Description of Consideration

Legg Mason Real Estate Services acquired First Marine Mortgage for an undisclosed consideration.

Percent Acquired (%) 100.00
Purchase Method Purchase
Merger of Equals? NA
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Pillsbury Winthrop Shaw
Seller NA NA