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Teva Agrees To Pay $720M In Israeli Tax Agreement

By Ama Sarfo (November 12, 2013, 2:41 PM EST) -- Teva Pharmaceutical Industries Ltd. will pay the Israeli government 2.54 billion shekels ($720 million) in taxes after agreeing to release some undistributed profits and settle tax assessments dating back to 2005, the company said Monday....

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