We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Activists Eye Inversion Deals As New Bargaining Chip

Law360, New York (April 15, 2014, 6:09 PM EDT) -- A group of Walgreen Co. investors recently urged the drug store chain to consider moving its longtime U.S. headquarters to a more tax-friendly jurisdiction, and experts say companies should brace themselves for an influx of sophisticated shareholder activists angling for similar structural changes.

In the latest show of shareholder muscle, unnamed investors in a private meeting last week pressed Walgreen management to use the company's multibillion-dollar acquisition of Swiss rival Alliance Boots GmbH as an opportunity to migrate across the Atlantic. So-called inversion transactions, where a company relocates to cash in on lower taxes elsewhere, have taken off amid a shaky...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Law Firms