Anonymous
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Anonymous
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What's the word people are hearing about Mylan purchasing Mallinckrodt? 50/50 or better??
Mallinckrodt is a hot acquisition target because of the HQs in Ireland that shaves 15% off the U.S. Corporate tax rate. When you're talking a few billion $ of revenue, that's a lot of spare change and dividend gains for shareholders.
That's why Pfizer is so hot to trot for AZ. Dodge billions of U.S. taxes with a HQs in Great Britain. That's a lot of chutzpah on Pfizer's part after they tapped billions of $ from U.S. tax payers via the TARP fund loans meant to keep banks afloat during the real estate crash and using the funds to acquire Wyeth. They then proceeded to gut the company, layoff 85% of the workforce and put those folks on the unemployment lines...which is also underwritten and funded by U.S. taxpayers.
Everyone would have been better off if the D.O.J. had ordered the breakup of Pfizer instead of billions in fines for their serial and ongoing off-label marketing of their drugs. They have raped domestic taxpayers and now they will get their billions of $ of fines back from Uncle Sam by dodging the IRS with their buyout of AZ and moving their HQs from NY to Great Britain. Freakin unbelievable!
Spoke to a Mylan manager today. They had not even heard of Mallinckrodt. They are still going after Meda. So it does not seem like Mallinckrodt is even on the radar.
Spoke to a Mylan manager today. They had not even heard of Mallinckrodt. They are still going after Meda. So it does not seem like Mallinckrodt is even on the radar.
That's what I said. Reread my statement.Mylan is the dog? You've got that wrong! Mallinckrodt is the dog!
If Pfizer can't close on the AZ deal, look for big blue to pick off MNK for it's Dublin HQ address and the 15% tax inversion savings vs the US rate predicated on their NY HQ address.
Tell that to someone who cares.
Shithead.