Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWalgreens 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 companys 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, Walgreens 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.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 1068 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (6)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Walgreens folds to inversion pressure (staying US Co. ) check out their language (Original Post)
underpants
Aug 2014
OP
I don't trust them. They will evade paying anything to the US where they made all there money.
kelliekat44
Aug 2014
#3
Liberal_in_LA
(44,397 posts)1. good
octoberlib
(14,971 posts)2. "government -funded reimbursement programs"
kelliekat44
(7,759 posts)3. I don't trust them. They will evade paying anything to the US where they made all there money.
Gidney N Cloyd
(19,843 posts)4. Yeah. They may revisit this once the heat's off.
PADemD
(4,482 posts)5. once the heat's off
After this year's Medicare open/special enrollment period (October 15-December 7).