Medical device maker Medtronic is switching to $16 billion in financing to complete its purchase of Ireland-based competitor Covidien a few weeks after federal regulators issued rules designed to curb overseas acquisitions that cut tax U.S. tax bills.
Years before Burger King sized up a Canadian headquarters in a hunt for lower taxes, Republican U.S. Senate candidate Mike McFadden’s investment firm was involved in a merger that moved an American pharmaceutical company to Ireland and significantly dropped its tax rate. McFadden’s Minnesota-based firm made more than $11 million, according to public filings.
Republican Senate candidate Mike McFadden is defending his investment banking firm’s involvement in a deal that led a U.S. company overseas. The so-called tax inversion finalized in 2012 involved a U.S. pharmaceutical company merging with a competitor and moving its tax residence to Ireland, where corporate tax rates are much lower.
Planning a destination wedding offers couples the opportunity to plan a unique wedding where they can say “I do” in front of a breathtaking background. All of these locations offer unique venues, luxurious resorts and beautiful settings.
Big changes are coming to Twin Cities-based Medtronic, which has released more details about an upcoming merger with Irish-based medical device manufacturer Covidien. On Sunday night, the Twin Cities based company announced plans to buy Covidien for $42.9 billion.
The harp is an instrument we can all identify with but one we seldom get to see.
An English Springer Spaniel named Hendrix ended up taking a serious detour on his way from New Jersey to Phoenix this week.
The best place for corned beef and cabbage in Minnesota? WCCO viewers picked Manitou Station in White Bear Lake, an Irish pub that’s only three years old.
Christmas shopping sales aren’t expected to be as good as retailers had hoped, but lots of shoppers out Monday might make up some of that difference.
“Trick or treating” has become one of America’s favorite past times, with billions of dollars going into just one night. Long ago, there was more to trick or treating than just free candy. In fact, it was quite literally a matter of life or death.
The beauty of golf was on exhibit Sunday during the 43rd Walker Cup and if you are a golf fan, then you should be excited with what the future of the game has to offer.
Liam Kane is from Ireland where there are three American Legion posts. He said he thought President Obama did a good job of addressing the needs of veterans in the United States and in his homeland.
John speaks to his son, Nick, who is following the Twins in their postseason opener against the Yankees. Did I mention Nick is following them from Ireland? John also speaks to explorer Conrad Anker about […]