Pfizer and Allergan Are Said to End Merger as Tax Rules Tighten
The broader reach of regulations, intended to keep companies from cutting deals to move income overseas, appears to have caught many by surprise.
Pfizer to Merge With Allergan in 0 Billion Deal
The agreement would be the latest, and largest, aimed at helping an American company lower its taxes by reincorporating overseas, a tactic known as corporate inversion.
News: Morning Agenda: Pfizer and Allergan Reach 0 Billion Deal
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Pfizer and Allergan Near 0 Billion Merger Deal
A deal would create a huge new pharmaceutical giant and could potentially help Pfizer lower its American tax rate.