Pharmaceutical giants Pfizer and Allergan were forced to abandon their $160 billion merger in April following the US Treasury’s clampdown on tax inversion deals. This would have been the largest ...
Pfizer Inc. and Allergan PLC on Wednesday canceled their $160 billion merger in an abrupt end to the largest-ever health care deal after the U.S. government cracked down on corporate tax inversions.
When Congress passed the Tax Cuts and Jobs Act in 2017, one of the most important pro-growth provisions was the corporate tax rate reduction. The lower corporate rate led to increased investment, ...
Inversion. Not a word I use regularly in conversation, except for this week. On Wednesday I was astounded to see the household name and local company Walgreen, based in Deerfield, Ill., trade down 15 ...
U.S. fast-food chain Burger King Worldwide Inc. and Canadian coffee-and-doughnut chain Tim Hortons Inc. have agreed to an $11.4 billion tie-up that would send the combined company’s headquarters north ...