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Qiagen will take charges due to U.S. tax law

Dec. 26, 2017 11:44 AM ETQiagen N.V. (QGEN) StockBy: Brandy Betz, SA News Editor
  • Qiagen (NYSE:QGEN) announces plans to take a Q4 after-tax charge on net income of $110M to $120M ($0.47 to $0.52 per share).
  • Qiagen attributes the charge to the new U.S. tax legislation. 
  • The company will take an additional $7M ($0.03 per share) after-tax charge in 2018.
  • Qiagen shares are down 1.5%.       
  • Previously: Oxford Immunotec, Qiagen settle patent litigation (Dec. 15)

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