Johnson Controls and Tyco International Merger Announced

Johnson Controls, Inc. and Tyco International plc announced a proposed merger transaction. The combined company will be a global industrial leader in buildings and energy markets, with Johnson Controls shareholders owning 56% and Tyco shareholders owning 44%.

“In connection with the proposed transaction between Johnson Controls, Inc. (“Johnson Controls”) and Tyco International plc (“Tyco”), Tyco will file with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that will include a joint proxy statement of Johnson Controls and Tyco that also constitutes a prospectus of Tyco (the “Joint Proxy Statement/Prospectus”).”

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