Banking, finance, and taxes
Tyco, The Break-Up Is Almost Certain......Finally
Published:
Tyco International (TYC) is finally seeing itself being split into three groups. This isn’t new, because we have already received a formal intent from the company and the street has been preparing for this break-up for quite some time.
But today we have finally gotten the SEC filings from the company for the break-up. The filings were made for Tyco Healthcare, Tyco Electronics, and Topaz International under Tyco International. These filings with the SEC are for debt and stock.
So, after a couple decades of Koslowski gobbling smaller companies up you get to see it come back in pieces. You can probably expect to see the plans from each of these to all be independent companies by the end of the month or shortly thereafter, with an expected timeframe in the second quarter.
Jon C. Ogg
January 18, 2007
Sponsored: Want to Retire Early? Start Here
Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
