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Durbin, unions applaud Walgreen Co. decision, investors don't: Sweet

Walgreens is considering move called an inversiwhich would technically relocate its corporate headquarters Europe for tax purposes. | File

Walgreens is considering a move called an inversion, which would technically relocate its corporate headquarters to Europe for tax purposes. | File

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Updated: August 6, 2014 9:31PM



Deerfield-based Walgreens set the stage to acquire its remaining 55 percent stake of Alliance Boots on Wednesday while rejecting an option to reincorporate overseas to save on corporate taxes, a move applauded by U.S. Sen. Dick Durbin and labor unions and punished — at least for a day — by investors.

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http://politics.suntimes.com/article/chicago/walgreens-reveals-details-new-walgreens-boots-alliance/wed-08062014-619am



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