Treasury Jams Its Foot in Inversion Revolving Door

Treasury Jams Its Foot in Inversion Revolving Door

Ty Wright/Bloomberg

Walgreen, the biggest U.S. drugstore chain, won’t asssume the Bern, Switzerland, legal domicile of Alliance Boots Holdings when it finishes buying the pharmacy-retailer, which Walgreen it announced moments ago. It will stay in the Chicago area.