July 29, 2013 | WGVU
we have word that the Allegan based Perrigo, (PRGO) the nation’s largest
manufacturer of generic drugs, is acquiring Ireland’s Elan Corporation and shifting its tax headquarters
to the Emerald Isle.
The reason is a
huge corporate tax break as Perrigo boosts its efforts to grow overseas
To put things into perspective, WGVU’s
David Moore spoke with Dr. Gregg Dimkoff, Professor of Finance at Grand Valley State University.