Death And Tax Inversion: Policy Fight Won't Go Away, Now Spawning Lawsuits
Executive Summary
US Chamber of Commerce wants court to eliminate IRS rule that blocked Pfizer's acquisition of Allergan; AbbVie hit with second suit over its 2014 proposed acquisition of Shire.
You may also be interested in...
US Treasury’s Final Earnings Stripping Guidance Keeps Pressure On Inversions
The US Treasury released final guidance to eliminate one of the economic motivations behind inversion deals, the threat of which in April derailed the Pfizer/Allergan mega merger. It doesn’t, however, affect other practices as feared.
With The End Of Pfizergan, Pfizer Has To Grow It Alone
Investors are wondering what Pfizer might do next – and especially whether or not it will split – after the company is outmaneuvered by the US government and ends its ambition to merge with Allergan.
US Treasury Hits Back On Inversions; Will Pfizer Fold?
Treasury announced new regulations aimed at blocking tax-motivated deals, leaving the largest mega-deal in the history of pharma hanging in the balance.