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Rocky3

07/19/14 6:03 PM

#180469 RE: DewDiligence #180448

$ABBV-$SGPG is the biggest tax inversion so far by far. I think most long-term investors don't understand that the transaction is taxable for the shareholders of the "former" US company. Since the spin-off from ABT was not taxable, I assume there are a huge number of investors with practicably no tax basis. The tax receipts will be in the $B, with very many unhappy shareholders. $MYL and $SLXP will also produce a lot of capital gain taxes, but nothing like ABBV.

DewDiligence

10/09/14 10:50 AM

#182608 RE: DewDiligence #180448

ABBV/SHPG—NDA for SHP 465 is no longer planned for 2014:

http://finance.yahoo.com/news/shire-provides-regulatory-shp-465-083000327.html

SHP 465 is an Adderall-like mixture of amphetamine salts for ADHD.