Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change

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Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change

Pfizer, Allergan scrap 0 billion deal after U.S. tax rule change
(Reuters) - U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their 0 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to save on taxes.

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