That's the new "taxes-are-good-for-you" meme going around, saw it the other day here: Tax Inversions Are Bad for Shareholders - Chuck Jaffe, MarketWatch. Apparently there's big money for journalists who urge investors to pour their money into companies that are being fleeced by high taxes. In the mean time this anti business frenzy kicked up against Walgreens got so bad that when they finally caved (under who-knows what kind of duress from the exec. dept.)--
--stockholders got robbed of $ten billion in one day. Controls to prevent people fleeing with their possessions don't work. Despots can either allow capital flight or they end up destroying capital altogether.
It was Chicago making the offer. How could Walgreen’s refuse?
Those studies on inversions/taxes are garbage. How can low taxes hurt a company? I suspect cherry picked dates and companies.