TYCO INTERNATIONAL (TYC): WHAT TO DO NOW
Tyco International (TYC ) is splitting into three companies: ADT North America Residential; Flow Control; and Commercial Fire and Security. The company said, ‘œAll three companies will have industry-leading positions in large and fragmented industries and enhanced capabilities to serve their distinct customers ……….Importantly, the new standalone companies will have greater flexibility to pursue their own focused strategies for growth ‘” both organic and through acquisitions ‘” than they would under Tyco’s current corporate structure. This will allow all three companies to create significant value for shareholders.’ Our research shows that the break up value of Tyco