A rumor that Legg Mason may be buying a huge slice of Merrill Lynch assets is just that - a rumor - several Wall Street analysts believe, The Baltimore Sun reports.

Normally, Legg Mason makes bite-size transactions that do not generate much hype. But this move, which would involve the $286.4 billion in assets Legg Mason taking over a large amount of the $513 billion in assets Merrill, would be different.

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