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 The good: Medtronic To Buy Covidien, Go Irish, Says It's Not About Offshore Taxes, LOL

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CovOps

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The good: Medtronic To Buy Covidien, Go Irish, Says It's Not About Offshore Taxes, LOL Vide
PostSubject: The good: Medtronic To Buy Covidien, Go Irish, Says It's Not About Offshore Taxes, LOL   The good: Medtronic To Buy Covidien, Go Irish, Says It's Not About Offshore Taxes, LOL Icon_minitimeMon Jun 16, 2014 5:03 am

Medtronic has agreed to buy Covidien for $42.9 billion in cash and stock...

Oh, Medtronic gets Ireland in the deal, which not coincidentally should slash its taxes. The party line is that the deal is about synergy with Covidien, not taxes. Medtronic is going out of its way to downplay the inversion deal, something that seems smart after Pfizer’s failed attempt to merge with AstraZeneca.

http://www.forbes.com/sites/robertwood/2014/06/16/medtronic-to-buy-covidien-go-irish-says-its-not-about-offshore-taxes/
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The good: Medtronic To Buy Covidien, Go Irish, Says It's Not About Offshore Taxes, LOL

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