Banks are among the winners in the final version of long-anticipated new rules announced by the Treasury Department Thursday meant to prevent businesses from shifting profits out of the U.S. and crack ...
The White House said Wednesday that the Treasury Department’s new rules aimed at curbing corporate inversions were not specifically targeted at the prospective Pfizer and Allergen merger that the ...
Less than 24 hours after the Obama administration escalated its battle against corporate tax inversions, the outcome of at least one major pending U.S. merger seemed clouded by doubt Tuesday. The ...
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 ...
Shares of Allergan (AGN 229.34, -48.21) have had a rough go of it this morning as the stock trades lower by nearly 18.0% after the U.S. Treasury announced new inversion rules. The Treasury Department ...