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Deal announced Jan 2016 Verified

Johnson Controls and Tyco Propose Merger to Create Building Solutions Leader

Tyco International and Johnson Controls announced a proposed merger to combine their businesses. The combined company would hold leading positions in commercial HVAC, building controls, and fire and security, aiming to create a global leader in building solutions.

“the powerful combination created by the proposed merger of Johnson Controls and Tyco”

Entities

Tyco · Acquirer Johnson Controls, Inc. · Target
HVAC Sentiment: Positive

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.