Tag: Flow Control
Tyco to split in three, again
September 19, 2011Martha Entwistle
SCHAFFHAUSEN, Switzerland—Tyco International plans to split into three independent, publicly traded companies, according to a plan unanimously approved by the board of directors and announced this morning.
The new companies will be:� ADT North America residential security business; Tyco Fire and Security; and, Flow Control.
This is the latest in a series of spin offs and splits of the Tyco conglomerate that was assembled by former Tyco CEO, Dennis Koslowski, in the 1990s.� Current Tyco International...
