T. Rowe Price leaders not worried about takeover, in control of 'own destiny'

T. Rowe Price Group Inc.’s top leaders assured shareholders on Wednesday that the company had no plans to sell — and didn’t expect any hostile takeover bids. A shareholder at the Baltimore investment firm’s annual meeting posed the question of how T. Rowe (NASDAQ: TROW) would maintain its independence in the market. The question isn’t a new one for shareholders or among Baltimore leaders who have always feared some day losing the homegrown company to a merger. T. Rowe, which employs 4,380 people…

from http://www.bizjournals.com/baltimore/news/2016/04/27/t-rowe-price-leaders-not-worried-about-takeover-in.html?ana=RSS%26s=article_search
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