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Medtronic Inversion Could Shave $4.2B Off Tax Load

By Karlee Weinmann (June 25, 2014, 1:30 PM EDT) -- Medtronic Inc. could shave between $3.5 billion and $4.2 billion in taxes on overseas profits through its proposed merger with hospital supplier Covidien PLC, according to a Wednesday report on the controversial deal unveiled last week that would shift the medical device maker's legal home to tax-friendly Ireland....

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