Tyco (TYC) and Johnson Controls (JCI), up 9% and 1
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Posted On: 01/25/2016 9:51:15 AM
Tyco (TYC) and Johnson Controls (JCI), up 9% and 1%, respectively, after announcing a definitive merger agreement. Johnson Controls shareholders will own approximately 56% of the equity of the combined company, while current Tyco shareholders will own approximately 44%
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