Allergan, Pfizer call off proposed $160B merger

Discussion in 'Finance Related News' started by admin, Apr 6, 2016.

  1. admin

    admin Administrator Staff Member

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    NEW YORK (AP) - Allergan and Pfizer are calling off a record $160 billion merger after the Treasury issued new rules to make "tax inversions" less lucrative.

    The aggressive changes to U.S. tax laws announced this week helped to kill the deal. The merger would have moved Pfizer's address - ...

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