inversion or no inversion ussa based multinationals are keeping money TRILLIONS and jobs offshore... and the inversion will result in loss of jobs globally NOT JUST THE USSA. Hey why not give a tax incentive for job creation instead of shifting high tech jobs and engineering overseas and allowing the goods to enter the ussa market... plus allowing importation cheap highly educated engineers and techs on H1 visas... ussa citizens are getting screwed blued and tattooed and dont even realize it.... but congress does and puts lots of lobbyist money into pockets ..... hundreds of millions... why do you think the tax code is so complicated.... corporations and wealthy individuals want it that way... want to evade / avoid estate taxes ... check out the dakotas... warren and bill did... the average joe sixpack middle class working stiff is the DONKEY PULLING THE CORPORATE AND SOCIAL WELFARE WAGON ...AND PROVIDING THE BODIES FOR THE BODYBAGS..... so some limp wristed effeminate commie jihadi muslim can do everything in his power to take the country down...and support his muslim fellow jihadis.
The deal sucks because AGN was really worth $400/share and PFE got the better deal and AGN shareholders get 11.3 PFE shares which are dropping in value.
AGN will have $40.3 billion in cash after selling its generics to TEVA and they will do the same with PFE generics and spin/split the company into generic and patent/specialty divisions focused on acquiring advanced medicine. The combined company will buy back lots of shares and continue to acquire other pharma companies and probably double n the next 5 years ....
The ussa government penalizes drug companies who spend billions on R+D to come up with one winner after tens of losers... So another brilliant govt policy is to inhibit drug research...
IF HE TAX RATE WERE LOWERED TO 15% AND COMPANIES WOULD KEEP JOBS HERE THE USSA MIGHT BECOME THE USA AGAIN.....
Global weakness everywhere you look...