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
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