What would you estimate to be the Value per Share (per Legg Mason share) of the Legg Mason cost savings mentioned in the release as of the date of the merger announcement? Provide thoughts on who is getting majority of expected synergy value/share (buyer shareholders or Legg shareholders, assuming Legg is properly valued standalone)? Submit an excel file showing me your work, that's it -- keep it simple so I can follow. No separate Write Ups, etc. everything can be done in a tab of a spreadsheet. Due by Sunday, July 23, 9:00AM EST