Monday, November 23, 2015

UPDATE ON PFIZER INVERSION

More from the weekend about the Pfizer inversion deal.

Under the terms of the proposed transaction, the businesses of Pfizer and Allergan will be combined under Allergan plc, which will be renamed “Pfizer plc.” The companies expect that shares of the combined company will be listed on the New York Stock Exchange and trade under the “PFE” ticker. Upon the closing of the transaction, the combined company is expected to maintain Allergan’s Irish legal domicile. Pfizer plc will have its global operational headquarters in New York and its principal executive offices in Ireland. For more:

http://www.zerohedge.com/news/2015-11-23/its-official-allergan-pfizer-combine-biggest-ever-tax-inversion-defy-jack-lew

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