I'm a little curious why you react so strongly to the inversion topic. It's an ever increasing reality for U.S. companies and the government should not be strong-arming some companies while tolerating the behavior out of others. Drug manufacturers are reaping the tax benefits. They have owned Washington for 4 decades. American have been ripped off by research oriented drug and medical equipment manufacturers since the 1970's and it continues today. Very little seems to be said when those same companies move to a tax haven and continue to siphon dollars from our middle class. Obamacare plays right into the hands of the same companies and into the hands of their accomplices in the insurance industry. It just keeps getting worse, and dirtier.
I'm not saying it will happen, but I also don't believe it was laid to rest. It would be a controversial move and a little too risky for a conservative company like Walgreens. I just threw inversion out there to make the point that Pessina as CEO of Walgreens will likely provide investors & employees with some surprises.
I can't believe you brought up the topic of inversion after it was laid to rest.
There will be no inversion.
Ain't gonna happen.
Wasson said so.
This topic should not be open to discussion.
It has gone past the point of even being hypothetical.
Let's call it moot.
No more talk about inversion.
I see you're doing YOUR part to make this a "good forum". That's a very high quality post you made there. Very informative and captivating. You're quite the wordsmith. I wait in great anticipation for your next message.
Barry Rosenstein may or may not be a direct holder of WAG stock. The 1,250,000 shares purchased in October as well as the 12,500,000 shares owned before that purchase are indirectly owned by Barry Rosenstein. In fact they were purchased and held on behalf of JANA partners, Mr. Rosenstein's hedge fund. This makes JANA partners a significant holder of WAG stock and, in my opinion, bodes well for longs given Mr. Rosenstein's and JANA's track record. As a board member and significant holder of stock, I expect Rosenstein to be influential in WAG's future. Perhaps though not as influential as the soon to be CEO Stefano Pessina whose holdings dwarf those of Rosenstein (JANA). To the best of my knowledge Mr. Pessina will be the first non-pharmacist CEO in Walgreens history. That's a consideration which should not be under-rated. Let's also not forget that it was Pessina , an Italian, who headquartered Boots in Switzerland for tax considerations. Perhaps the question of inversion has not yet been put to rest. Walgreens/Boots will be an interesting company to follow the next few years.
This moron sold the day before the second largest single day increase in WAG stock history.
So the news report was a lie? Prove it, Moron!
This guy represents Stupidity in its purest form.
Still waiting to see which part of the above news release is a lie.
Can't wait to see what bonehead move you pull next!
LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL