Brian Keegan: Corporation tax not the only lure for Pfizer

Pfizer and Allergan already have a substantial presence here

"No sane directors of a business make commercial decisions purely on tax grounds"

Avoiding Uncle Sam

Commercial life is rarely like the movies. The underdog typically doesn’t win. In the natural order of commercial life, bigger companies take over smaller companies.

Commercial life, however, is similar to the movies when the big names attract bigger audiences. People pay attention when household names are involved with mergers and acquisitions. When household names become involved in a merger which doesn’t seem to follow the natural order, it becomes ...