Search Tag: tax savings

IT Management

Medtronic's $9.3B Freed-Up Cash

2015 07 Dec

Medtronic, a medical devices company gained approximately $9.8 billion from its merger with Covidien. Medtronic was able to bring back these overseas funds back into the U.S. when it bought Covidien for $4.9 billion and moved its tax domicile from the U.S. to Ireland.  The device giant intends to use this extra cash to repurchase stocks, repay debts... Read more

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