- The Treasury Department yesterday evening put its foot down on tax inversions, all but putting an end to the Pfizer/Allergan deal, with Allergan now lower by 15% on the session.
- Other prospective inversion candidates are mulling the news. Among them:
- Johnson Controls (NYSE:JCI -2%), Tyco (TYC -2.6%), Progressive Waste (BIN -5%), Waste Connections (WCN -4.2%), IHS (IHS -2%), Markit (MRKT -2.4%), Baxalta (BXLT -6.4%), Shire (SHPG -2.9%)
- Now read: Progressive Waste Solutions Merger With Waste Connections Creates Significant Value And Scale
Johnson Controls, Tyco, Progressive Waste among the movers on inversion news
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