6:54 PM
May 09, 2014
 |  BC Extra  |  Politics & Policy

Senators, governors weigh in on inversions, Pfizer/AZ deal

Sens. Carl Levin (D-Mich.) and Ronald Wyden (D-Ore.) said on Thursday they plan to block corporate inversions that allow U.S. companies to lower their tax rates by re-domiciling abroad while maintaining physical headquarters in the U.S. The comments come in the wake of multiple bids from Pfizer Inc. (NYSE:PFE) to acquire AstraZeneca...

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