Medtronic CEO says Covidien deal good for U.S. economy
August 19, 2014 at 12:30 PM EDT
Medtronic Inc Chief Executive Omar Ishrak defended his company's plan to acquire Dublin-based Covidien Plc in a so-called inversion deal, saying the medical device maker will be able to create more U.S. jobs while still paying substantial taxes once the transaction closes.