When the news leaked last Tuesday that Walgreens would not seek a tax inversion, media outlets jumped to cover this latest twist in the inversion summer saga. The next morning, the company confirmed it will not move to Europe as part of its planned takeover of Alliance Boots. Since then, the press has spent a lot of ink dissecting the inversion that wasn’t.
The wave of news coverage is a lot to keep tabs on, which is why we’ve compiled some of the best stories about Walgreens’ decision not to re-domicile below.
Walgreens Shuns Inversion In £5bn Boots Deal
Sky News
Activists applaud Walgreen decision
Red Eye Chicago
Reports: Walgreens won’t tap lucrative tax loophole
USA Today
Double Punch for ‘Inversion’ Deals
Wall Street Journal
Walgreen CEO: Leaving U.S. wasn’t in best interest of shareholders
Chicago Tribune
From the horse’s mouth — why Walgreen didn’t invert
Market Watch
Walgreens stock smacked after tax inversion out
USA Today
Walgreens HQ to stay in U.S., rules out move to avoid corporate taxes [VIDEO]
CBS This Morning
How Americans Scared Walgreens Out Of A $4 Billion Tax Dodge
Huffington Post
US groups ponder the great tax escape
Financial Times
Walgreens Boots Alliance to feel heat, Bern or no
Chicago Tribune
What impact did social media have on Walgreen’s decision to keep US headquarters?
The Pharmaceutical Journal
If Congress won’t, Obama may have to address inversion
Washington Post