Episode 7: Inside The Lives of M&A Reporters
Deal of the Week
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Shire's All Stock Deal Could Bring Down the Tax Rate
Bexalta was spun out of Baxter in, I think the spin was completed in July or late June. And Shire turned up three weeks later and offered to buy the company out right. It's not an inversion in as much as the acquirer is the Irish domicile company. If this deal goes through it, would have the effect of bringing down the overall tax rate of the combined company quite significantly.
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