August 06,2014

Press Contact:

Lindsey Held (202) 224-4515

Wyden Statement on Walgreens' Inversion Decision

Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued a statement following news that Walgreens will not pursue a corporate inversion:

“It’s great that Walgreens recognizes the long term strategic business value of staying an American company and I hope that others considering an inversion follow suit,” said Wyden.  “I’m working to build a bipartisan coalition to pursue immediate legislation to stop the inversion virus while working on a longer term path forward to fix the root problem – our broken tax code.”