Ex-US Treasury officials: America’s new ‘inversion’ regulations will push US companies overseas

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Ex-US Treasury officials: America’s new ‘inversion’ regulations will push US companies overseas

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Eighteen ex-Treasury officials are lobbying US President Barack Obama to reconsider new ‘inversion’ rules announced after Pfizer’s failed $160 billion merger with Ireland’s Allergan, saying the regulations will encourage US companies to move abroad and exacerbate the problem.

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