Medtronic (MDT), Covidien (COV) in $45B Merger Talks : Report

Medical-device maker Medtronic Inc. (MDT) is in advanced talks to merge with its chief rival Covidien Plc (COV) for more than $45 billion, according to a report Saturday in Reuters. The deal, which could be announced Monday, would be structured as a “tax inversion”. In such deals acquirers effectively reduce corporate taxes by buying companies domiciled […] View the full post at: Medtronic (MDT), Covidien (COV) in $45B Merger Talks : Report Related posts: When a Merger Softens Competition: The Oracle-Sun Case Automakers Report Mixed Sales Results Netflix To Provide Films To Microsoft’s Xbox 360