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DewDiligence

08/06/14 8:47 AM

#180993 RE: DewDiligence #180978

No tax inversion for WAG:

http://www.marketwatch.com/story/walgreen-down-13-in-premarket-on-inversion-disappointment-2014-08-06

As noted in #msg-105011951, the talk in Washington re blocking new tax inversions became more threatening now that the US Treasury is thinking of taking action without Congressional approval.

p.s. I predict that no additional large companies—e.g. PFE—will do a tax inversion amid the stepped-up threats from the US government.