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Divestiture Sep 2012 · Schaffhausen, Switzerland Verified

Tyco to Distribute ADT and Flow Control Shares

Tyco International Ltd. announced the record and payment dates for the distribution of shares of The ADT Corporation and Tyco Flow Control International Ltd. to its shareholders, effectively separating these businesses from Tyco.

“On September 6, 2012, Tyco International Ltd. (“Tyco”) issued a press release announcing the record date and expected payment date for the distributions of shares of The ADT Corporation (“ADT”) and Tyco Flow Control International Ltd. (“Flow Control”).”

Entities

Tyco · Parent The ADT Corporation · Subsidiary Tyco Flow Control International Ltd. · Subsidiary
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.