Tyco and Johnson Controls Proposed Merger

Tyco International and Johnson Controls are proceeding with their proposed merger. Integration planning is underway, a preliminary S-4 has been filed, HSR approval has been received, and debt financing is in place. The companies expect $650 million in synergies within three years.

“Before we get into the details of the quarter, let me spend a few minutes on our proposed merger with Johnson Controls.”

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