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Stock Market & Financial Investment News

News Breaks
August 7, 2014
06:56 EDTWAGWalgreen had multiple reasons for avoiding inversion, Reuters columnist says
Walgreen (WAG) may have decided to avoid structuring its takeover of Alliance Boots as an inversion partly because Walgreen doesn't generate a large amount of its revenue abroad, and inversions only reduce U.S. taxes on overseas profit, according to a Reuters Breakingviews columnist. Additionally, Walgreens' 2012 deal with Boots was not structured as an inversion, and the American company may have opened itself up to lawsuits and potentially double taxation if it had restructured the deal, the columnist wrote. Reference Link
News For WAG From The Last 14 Days
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November 13, 2014
14:50 EDTWAGLonestar Capital to shut down by mid-2015, WSJ reports
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14:45 EDTWAGLonestar capital to shut down, DJ reports
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