Abbott Laboratories CEO Defends Inversions Amid Corporate Exodus Furor

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Abbott (NYSE:ABT) chairman & CEO Miles White took to the media today to speak out against a new measure that would prevent corporate inversions, like the one included in Abbott’s sales of its generics business to Mylan Inc. (NSDQ:MYL) and in Medtronic’s (NYSE:MDT) acquisition of Covidien (NYSE:COV).

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