Tag: ADT Residential

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...