Deal closed May 2010 Verified
Tyco Completes Acquisition of Brink's Home Security Holdings
Tyco International Ltd. completed its acquisition of Brink's Home Security Holdings, Inc. (BHS) on May 14, 2010, through a merger of a Tyco subsidiary with and into BHS. The total cash consideration paid was $584.9 million, and 35,164,161 Tyco shares were issued.
“On May 14, 2010, Tyco completed its acquisition (the “Merger”) of BHS pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 18, 2010, as amended, by and among Tyco, Barricade Merger Sub, Inc. (“Merger Sub”), BHS, and, solely for the purposes stated therein, ADT Security Services, Inc.”
Entities
Tyco · Acquirer ADT Security Services, Inc. · Mentioned Brink's Home Security Holdings, Inc. · Target
Other Sentiment: Neutral
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