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Deal announced Apr 2010 Verified

Tyco Agreement to Acquire Broadview Security

Tyco announced an agreement to acquire Broadview Security and combine it with its ADT business. The acquisition is expected to be accretive to earnings and increase ADT's recurring revenue by approximately $500 million.

“our agreement to acquire Broadview Security and combine it with ADT”

Entities

Tyco · Acquirer ADT · Subsidiary Brink's Home Security Holdings, Inc. · Target
Other 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.