Baltimore-based LeggMasonCapitalManagement Inc. held a combined 79.8 million shares of Freddie as of July 31 in Bill Miller's Value Trust and Opportunity Trust funds as well as institutional accounts, the firm said.
LeggMasonCapitalManagement CEO Bill Miller --who oversees 5.6 million shares of MCI, about 1.76% of the company--has said that Qwest's offer is superior, and that if Verizon's bid comes to a vote, he'll shoot it down.
Miller, chief executive of Baltimore-based LeggMason Funds Management, also believes that capital spending is on the road to recovery, another positive stimulus for a better economy.