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Why are So Many Health Care Companies Moving to Ireland?

Covidien (COV) surged to a 52-week high of $86.75 per share on June 16, after rival medical device manufacturer Medtronic (MDT) announced it would buy the Irish company for $42.9 billion in a
Prothena Corporation (PRTA) , the drug discovery business that was spun-out of Elan Corp. (ELN) in December last year, reported its financial results for the second quarter ended June 30 after