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Amgen Inc. Message Board

  • zbuzz1970 zbuzz1970 Aug 27, 2013 5:52 PM Flag

    I'm Shocked

     

    At the Fitch rating and the reaction to it. I thought that everybody knew that Amgen was one of those companies that was not repatriating their earnings to evade taxes. Heck, they have been borrowing money to cover their US dividend and buy shares for years. All of a sudden, they borrow more to buy Onyx and it throws off their debt ratios and everybody is shocked. I'm sure everybody on Wall street knew why Amgen was lining up financing before the acquisition in the first place. I did.

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