Medtronic and Covidien Deal is Tax Strategy Guiding Healthcare M&A

Now watching

Next video starts in : 7 Play

Medtronic and Covidien Deal is Tax Strategy Guiding Healthcare M&A

Medtronic and Covidien Deal is Tax Strategy Guiding Healthcare M&A
Replay video
Up next

Sin City Saints Episode 1: The Fool Monty

Unlock your personal NFL Now stream by signing in to NFL.com

Medtronic and Covidien Deal is Tax Strategy Guiding Healthcare M&A

by TheStreet.com Videos 1:50 mins

Medtronic and Covidien Deal is Tax Strategy Guiding Healthcare M&A

by TheStreet.com Videos 1:50 mins

In the immediate aftermath of the Obamacare rollout, pharma and healthcare M&A fell. Now, however, it's back up, on deals like Monday morning's Covidien - Medtronic announcement, a merger valued at $43 billion. While some deals in the healthcare industry are being guided by synergies, other, like Monday's MergerTalk deal, are being guided by strategy. Medtronic needs to relocate its Minnesota tax base to Ireland, where Covidien is based, in order to save on a hefty U.S. tax bill. Medtronic isn't the only one: Pfizer attempted to acquire AstraZeneca, for the same reasons. The Deal's Jon Marino and Sarah Pringle have details from Wall Street.

Must Watch

Must Watch

  1. 22:03

    Sin City Saints Episode 1: The Fool Monty

  2. 23:15

    Sin City Saints Episode 2: Smoke and Mirrors

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 1:22

    Meet the star point guard of the Sin City Saints

  5. 2:52

    A 900 Calorie Cocktail? What's in Your Drink?

  6. 0:31

    Roast of Justin Bieber - Shaquille O'Neal - Straighten Up

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 0:29

    Watch a Sneak Peek of Community Episode 4

  5. 2:01

    Sin City Saints: Official Trailer