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Deal announced Jan 2016 Verified

Johnson Controls and Tyco International Announce Merger

Johnson Controls, Inc. and Tyco International plc entered into an Agreement and Plan of Merger to combine their businesses. The merger is structured as a reverse merger where Johnson Controls merges with a subsidiary of Tyco, with Tyco as the parent entity, to be renamed Johnson Controls International plc.

“On January 24, 2016, Johnson Controls, Inc. and Tyco International plc entered into an Agreement and Plan of Merger (as amended, the "merger agreement"), pursuant to which they agreed to combine their respective businesses under a single company.”

Entities

Johnson Controls, Inc. · Target Tyco International plc · Acquirer
HVACOther 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.