Large Cash Pile M&A Deals Inevitable: Harris

July 23 (Bloomberg) -- Tim Harris, head of investments at Lloyds TSB Private Bank, examines consolidation in the telecom industry, the increase in overall M&A activity, emerging market growth for corporations and his expectations for the U.S. bond market. He speaks on Bloomberg Television's "On The Move."

Why BAT's Reynolds Bid Is a Big Deal for Big Tobacco
38:19 - British American Tobacco Plc has made a bid to purchase the remaining portion of Reynolds American Inc. in a move that could open up a wave of M&A activity in the tobacco industry. Bloomberg Intelligence's Duncan Fox reports on "Bloomberg Markets." (Source: Bloomberg)
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