The nine million shares of Legg Mason that Citigroup intends to sell will carry a price tag of $125 a share, Reuters reported Friday.

Citigroup acquired the shares of Legg Mason when it swapped nearly its entire asset management unit to the Baltimore firm in a $3.7 billion deal on Dec. 1, 2005. In return, Citigroup obtained Legg Mason's brokerage business.

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