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Old Posted Aug 7, 2014, 2:17 PM
SamInTheLoop SamInTheLoop is offline
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Join Date: Sep 2006
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Quote:
Originally Posted by rgolch View Post
That may be true for other inversion, but that was absolutely NOT the case in the Walgreens situation. There was ABSOLUTELY a power grab by Stefano Pessina to wrest control of the combined company, and stockholders and investor definitely wanted him to control the entity. If you read any of the recent business news regarding what's be happening, there have been a few recent departures at Walgreens to allow some Alliance people to have representation. They didn't move because they realized it would be a PR nightmare.

While he does come off as some sort of cartoonishly evil archvillain from a comic or movie, there's a difference between everthing you've stated (which I think is mostly true) and an actual physical HQ move for a combined company that derives probably something like 75%+?? of revenues on the ground here in the US......
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