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Deal announced Sep 2011 Verified

Tyco International to Acquire Visonic Ltd.

Tyco International Ltd. announced an agreement to acquire Visonic Ltd. for approximately $100 million in cash. The deal was reported in an 8-K filing dated September 15, 2011.

“On September 15, 2011, the Company issued a press release announcing that it had reached an agreement to acquire Visonic Ltd. (TASE: VSC.TA) for approximately $100 million in cash.”

Entities

Tyco · Acquirer Visonic Ltd. · Target
Other Sentiment: Neutral

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.