Pfizer and Allergan call off their $160 billion
- 8 years ago
The Dublin-based Botox-maker Allergan announced early Wednesday it would abandon its mega-merger with U.S. pharmaceutical giant Pfizer after new government regulations made the tax advantage of the cross-Atlantic deal more difficult to achieve.
The move is a huge victory for the Obama administration in its campaign against inversions
The move is a huge victory for the Obama administration in its campaign against inversions