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10 things to know about corporate inversions
2015-11-24 05:49:09| Biotech - Topix.net
Pfizer and Allergan are pursuing the biggest buyout in health care history, a $160 billion deal that would essentially send one of the biggest U.S. corporations overseas, or at least its legal domicile and principal executive offices. Under a maneuver known as an "inversion," Pfizer will be able to lower its corporate tax load by reorganizing as a company in Ireland, which has a lower tax rate.
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Category:Biotechnology and Pharmaceuticals