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Wed Aug 6, 2014, 08:05 AM

Walgreens folds to inversion pressure (staying US Co. ) check out their language

http://mobile.nytimes.com/blogs/dealbook/2014/08/06/walgreen-to-pay-5-27-billion-plus-shares-for-alliance-boots/


Walgreen said that it extensively evaluated doing an inversion, including the financial benefits and the public reaction, given the company’s “unique role as an iconic American consumer retail company with a major portion of its revenues derived from government-funded reimbursement programs.”

“The company concluded it was not in the best long-term interest of our shareholders to attempt to re-domicile outside the U.S,” Gregory D. Wasson, Walgreen’s president and chief executive, said in a news release.

But he said that the full takeover of Alliance Boots “was in the best interest of our shareholders, and with this decision, we are now moving forward on an accelerated basis to create the global leader in pharmacy-led health and well-being.”

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Reply Walgreens folds to inversion pressure (staying US Co. ) check out their language (Original post)
underpants Aug 2014 OP
Liberal_in_LA Aug 2014 #1
octoberlib Aug 2014 #2
kelliekat44 Aug 2014 #3
Gidney N Cloyd Aug 2014 #4
PADemD Aug 2014 #5

Response to underpants (Original post)

Wed Aug 6, 2014, 09:20 AM

1. good

 

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Response to underpants (Original post)

Wed Aug 6, 2014, 09:23 AM

2. "government -funded reimbursement programs"

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Response to underpants (Original post)

Wed Aug 6, 2014, 09:31 AM

3. I don't trust them. They will evade paying anything to the US where they made all there money.

 

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Response to kelliekat44 (Reply #3)

Wed Aug 6, 2014, 09:40 AM

4. Yeah. They may revisit this once the heat's off.

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Response to Gidney N Cloyd (Reply #4)

Wed Aug 6, 2014, 01:46 PM

5. once the heat's off

After this year's Medicare open/special enrollment period (October 15-December 7).

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