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). ...