Tyco International to Acquire Brink's Home Security Holdings

Tyco International Ltd. announced a definitive merger agreement to acquire Brink's Home Security Holdings, Inc. (BHS). The transaction, structured as a merger of BHS into a Tyco subsidiary, offers BHS shareholders a choice of cash, stock, or a combination, with total cash consideration capped at approximately $584.5 million.

“On January 18, 2010, Tyco International Ltd. (the “Company”) announced that the Company, Barricade Merger Sub, Inc. (“Merger Sub”), a wholly owned subsidiary of the Company, ADT Security Services, Inc., a wholly owned subsidiary of the Company, and Brink’s Home Security Holdings, Inc. (“BHS”) have entered into an Agreement and Plan of Merger (the “Merger Agreement”), providing for the acquisition of BHS by the Company.”

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