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MAY 09, 2014 - TheStreet

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Walgreen's U.S. Fate Could Be Sealed by Labor Day

NEW YORK (TheStreet) - Expect Walgreen's to give further color on whether the company will move its headquarters outside the U.S. in an effort cut its corporate tax rate. That expected color comes after a handful of large Walgreen's investors began pressing the company to consider a move to a lower-tax jurisdiction as part of its acquisition of European pharmacy giant Alliance Boots. >> Read More: Hedge Funder Sees KKR's Next Deal In Washington Mutual's Shell Walgreen's purchased 45% of Alliance Boots from private equity firm KKR in 2012 for $4 billion in cash and $2.7 billion in ... Read More

Tags: Walgreen's U.S. Fate Could Be Sealed by Labor Day,  Pfizer Latest News