Lee Schafer

Columnist | Business
Phone: 612-673-4302
Lee Schafer came to the Star Tribune after 15 years as a corporate officer, consultant and investment banker in the Twin Cities. He has been a columnist for Twin Cities Business magazine and was senior editor for Corporate Report Minnesota.

Recent content from Lee Schafer

June 19: Schafer: Medtronic deal gives investors big tax hit

The tax bite coming for longtime Medtronic shareholders is just one more curious aspect of the Fridley-based company’s combination with Covidien and establishment of its formal headquarters in Dublin.

Updated: June 19, 2014, - 11:39 AM

Lee Schafer: A move to Ireland lets Medtronic move its "trapped cash”

Buying Covidien PLC for $42.9 billion turned out to be Medtronic’s solution to one of its most vexing problems.

Updated: June 17, 2014, - 05:38 AM

June 16: Medtronic pays $42.9 billion for Covidien

The deal will move Medtronic’s executive headquarters to Dublin, where it will enjoy substantial tax advantages.

Updated: June 16, 2014, - 01:11 PM

Schafer: Local firms add to debate on tax flights to Europe

It’s disheartening to see companies that grew up here reach middle age and decide to renounce their U.S. citizenship to...

Updated: June 14, 2014, - 09:45 PM

Schafer: At Target, board vote should be 6 yes, 1 no

If not for James A. Johnson on the slate, the shareholders of Target should have an easy call to make...

Updated: June 09, 2014, - 09:22 PM

Schafer: Thrivent finds a link between giving and financial security

Thrivent Financial CEO Brad Hewitt has long suspected that helping clients be financially secure isn’t enough.Secure means just having enough...

Updated: June 08, 2014, - 10:00 AM

Schafer: Investor lectures ValueVision on frugality

J. Carlo Cannell calls himself an investor, not an activist shareholder. It’s an important distinction.Activists are not always the most...

Updated: June 05, 2014, - 09:10 AM

Schafer: Ballmer's deal takes NBA values to new level

The next major league sports team owner in Minnesota won’t be one of us.Retired Microsoft CEO Steve Ballmer’s eye-popping, two-billion-dollar...

Updated: June 04, 2014, - 12:46 AM

Schafer: Will PHOT be hot? Speculators sure hope so

There’s an art to selecting the right ticker symbol for a stock, and whoever decided on PHOT as the symbol...

Updated: May 31, 2014, - 02:00 PM

Schafer: 'Internet of things' has huge potential

On the Texas Instruments eStore it takes only $19.99 to jump into “the Internet of things” by purchasing a Connected...

Updated: May 30, 2014, - 08:56 AM

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