BioCentury
ARTICLE | Financial News

Allergan, Pfizer won't speculate on new inversion rules

April 6, 2016 12:10 AM UTC

Allergan plc (NYSE:AGN) lost $41 (15%) to $236.55 and Pfizer Inc. (NYSE:PFE) gained $0.64 to $31.36 on Tuesday, a day after the U.S. Treasury issued temporary regulations on tax inversions that could affect the companies' pending merger. The Treasury announced the regulations after market close Monday (see BioCentury Extra, April 4). ...