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Replies to #63211 on Biotech Values
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stockbettor

06/04/08 7:07 PM

#63213 RE: DewDiligence #63211

>couldn't Pfizer use their foreign cash to fund stock buybacks on foreign exchanges, leaving the US cash to cover the dividend?<

Also, the use of their foreign subs' cash to buy Phizer stock or the stock of any other US company will likely trigger US income tax liability.