Other Jan 2016 Verified
Post-Merger Ownership Split Announced
After the merger, Johnson Controls shareholders are expected to own approximately 56% and Tyco shareholders approximately 44% of the combined company.
“After consummation of the merger, Johnson Controls shareholders and Tyco shareholders are expected to own approximately 56% and 44%, respectively, of the issued and outstanding ordinary shares of the combined company.”
Entities
Johnson Controls, Inc. · Target Tyco International plc · Acquirer
HVACOther Sentiment: Neutral
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