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Medtronic pursues better economic health by moving principle offices from U.S. to Ireland

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Medical device giant Medtronic is now the largest firm to renounce its U.S. tax status as it legally moves operations to Ireland, where taxes are more business-friendly. The move is part of Medtronic's acquisition of Covidien, a rival health care and medical supply provider, for approximately $42.9 billion in cash and stock, according to a Medtronic press release. Once the acquisition is...

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