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Divestiture Dec 2012 Verified

Ingersoll-Rand Plans Spin-Off of Commercial and Residential Security Businesses

Ingersoll-Rand plc announced its plan to spin off its commercial and residential security businesses. The announcement was made via a press release and an investor conference call on December 10, 2012.

“On December 10, 2012, Ingersoll-Rand plc (the “Company”) issued a press release announcing its plan to spin-off its commercial and residential security businesses.”

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Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.