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Wall Street Breakfast: Inversion Curbs To Kill Pfizer-Allergan Deal

2016-04-06 17:24:19| Biotech - Topix.net

Seeking Alpha's flagship daily business news summary, gives you a rapid overview of the day's key financial news. It is published at 6:30 AM ET every market day and delivered to 800,000 email subscribers Pfizer and Allergan will mutually terminate their mega merger this morning, sources told CNBC, after changes in U.S. tax codes dealt a death blow to the largest-ever heath sector deal.

Tags: street deal wall breakfast

 

Obama's inversion curbs kill Pfizer's $160 bln Allergan deal

2016-04-06 08:55:03| Automakers - Topix.net

U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama's drive to stop tax-dodging corporate mergers. The decision to end the biggest tax "inversion" ever attempted, which would have seen Pfizer slash its tax bill by redomiciling to Ireland where Allergan is registered, came a day after the U.S. Treasury unveiled new rules to curb inversions.

Tags: deal kill inversion bln

 
 

Analysts: New inversion rules will kill Pfizer-Allergan deal

2016-04-05 22:25:51| Biotech - Topix.net

In this Monday, Nov. 23, 2015, file photo, the Allergan logo appears above a trading post on the floor of the New York Stock Exchange. Pfizer Inc. and Allergan Plc are scrambling to determine whether to proceed with their plan to merge.

Tags: rules deal kill analysts

 

Louisiana man arrested for attempting to kill his brother by stabbing him five times

2016-04-04 06:41:27| Telecom - Topix.net

Racial tensions erupt in Dallas as armed anti-Muslim protesters clad in skeleton masks clash with the New Black Panther Party outside a Nation of Islam mosque Trump lashes out at 'dirty rotten cheater' Cruz as his worst week yet comes to a close with IMPROVED poll numbers and he predicts a 'big surprise' in Wisconsin primary New York taxi drivers could soon be banned from flirting with passengers or making comments about their travelers' love lives or appearance Let us in! Let us in! Ticketing glitch at AT&T stadium keeps thousands of furious wrestling fans stuck outside for start of WrestleMania Judge's outrage at suspect who 'robbed a 103-year-old woman of her food and money in her Bronx apartment building' Putin and the 'Dirty Dozen': 11million leaked documents reveal how TWELVE world leaders - plus Russian leader's inner circle, British politicians and Lords - hide their millions in ... (more)

Tags: man times him brother

 

Why the Surveillance State Will Kill U.S. Software Sales

2016-03-30 15:00:00| PC Magazine: the Official John C. Dvorak RSS Feed

The compromises big tech has made to governments will kill the ability of U.S. companies to sell software globally.

Tags: software state sales kill

 

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