Medtronic Sticks by Covidien Deal but Will Use Debt, Not Cash by REUTERS

By REUTERS

U.S. medical equipment maker Medtronic Inc said it would still buy Covidien Plc but will use $16 billion (10 billion pounds) in debt rather than cash held overseas, reacting to changes made by U.S. tax authorities to cut the benefits of such…

Published: October 3, 2014 at 10:33AM

from NYT Business Day http://ift.tt/1rSWBSF

from WordPress http://ift.tt/Z0lfVX