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Corporate

May 13, 2014

Possible Pfizer deal draws renewed attention to merger inversions

For the time being, Pfizer Inc.'s bid to acquire London-based rival AstraZeneca PLC appears to be in limbo, and with it, the company's hopes of taking advantage of an increasingly popular merger structure.


By Dominic Fracassa


Daily Journal Staff Writer


For the time being, Pfizer Inc.'s $106 billion bid to acquire London-based drugmaker AstraZeneca PLC appears to be in limbo, and with it, the company's hopes of taking advantage of an increasingly popular merger structure that would cut billions from its future corporate tax bills.


In addition to touting the proposed deal's strategic benefits since announcing its offer to AstraZeneca t...

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