Linehan backs M&A to drive US equities in 2015-02-19

T Rowe Price’s John Linehan has backed merger and acquisition activity to become a prominent theme driving the US market in 2015. The manager of the T Rowe Price US Large Cap Value Equity Fund said the backdrop of current equity valuations, healthy corporate balance sheets and buoyant cash reserves lent itself to an increase in activity in the coming year.

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