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U.K. Is a Winner in Big Corporate Inversion Deals

The Wall Street Journal
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July 28, 2014 AT 10:38 AM
U.S. businesses are buying foreign companies in countries with lower tax rates so they can switch their legal home and cut their tax bills. The process, known as inversion, has driven some of the biggest takeovers this year. Shayndi Raice joins MoneyBeat with Paul Vigna. Photo: Getty Images.