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A T. Rowe Price report issued Tuesday cited lessening fears over slow global growth, the potential for rising inflation and interest rates in the U.S. and lingering concerns about China as key indicators that the year’s difficult start into a more promising finish. (File photo)
A T. Rowe Price report issued Tuesday cited lessening fears over slow global growth, the potential for rising inflation and interest rates in the U.S. and lingering concerns about China as key indicators that the year’s difficult start into a more promising finish. (File photo)

T. Rowe Price opposition to Oracle deal made public

T. Rowe Price is opposing Oracle’s bid of $109 per share, or $9.5 billion, to acquire cloud computing company NetSuite Inc. The Baltimore fund manager is NetSuite's largest unaffiliated shareholder, meaning it can have a lot of influence on the deal. In a letter dated Sept. 6, T. Rowe Price said it believes NetSuite is being ...

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