SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 138.18-0.6%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerome who wrote (1411)6/16/2014 2:12:42 AM
From: Kirk ©  Read Replies (1) of 26536
 
My European index funds are LOVING these juicy premiums paid to lower tax rates and relocate HQs outside the US.

Medtronic to buy Covidien for $42.9 billion, rebase in Ireland
REUTERS—9:11 PM ET 06/15/14
- U.S. medical device maker Medtronic Inc ( MDT) said on Sunday it had agreed to buy Covidien Plc ( COV) for $42.9 billion in cash and stock and move its executive base to Ireland in the latest transaction aiming for lower corporate tax rates abroad. The deal will allow Medtronic ( MDT) to reduce its overall global tax burden.

Boy, those short will wake up with a migraine.

COV Industry Comparison:
As of Friday, Market Capitalization = $32.47B
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext