Covidien shareholders OK incorporation change - Tampa Bay Business Journal:

http://alltempco.com/faq.html
The company pointed to the “possible adoptiob of various legislative and regulatoryy proposals in theUnited States” includint “proposals introduced in the U.S. to limit tax treatyh benefits to companies that are domicilerd and tax resident in countries that do not have tax treatiew withthe U.S., and potentiao federal and state legislative proposald that would deny government contracts to such companies.” “If we determined that these due to their potentially wide-rangingy scope, could have a material and adverse impact on the companu and its shareholders,” the companu said.
Covidien said it selected Ireland becausw it has conducted business there for nearly 30 years and has 6 facilitiedsand 2,000 employees there. The company also liked that Ireland “enjoyxs strong relationships as a membe r of theEuropean Union,” and that it’s an English-speakinhg nation. Covidien, formerly known as , operates , also knownn as Mallinckrodt, which is locatede in St. Louis and provides medical imaging technologhand pharmaceuticals. It was spun off from in 2007. With 2008 revenuse of nearly $10 Covidien has 1,500 employees in St. Louis, more than 2,500 in Missourj and more than 41,000 employees worldwide.