Tyco to Close Broadview Security Acquisition

Tyco International expects to close its acquisition of Brink's Home Security Holdings (Broadview Security) on May 14, 2010, pending a shareholder vote on May 12. The deal will combine Broadview with Tyco's ADT business, significantly increasing ADT's recurring revenue.

“We expect the transaction to close on May 14, pending the Brinks shareholder vote on May 12.”

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