ATLANTA — Former Minnesota Vikings receiver Cris Carter is suing Tyco Int’l for failing to fulfill parts of a 2012 agreement to buy a division of the Carter Brothers security business.
In 2002, Carter and his brother John formed a strategic partnership with Tyco, in which Tyco agreed to provide project management
In October 2012, Tyco Integrated Security agreed to purchase the equity interest in Carter Brothers LLC, which consisted of a fire and life safety and a security division, for $35.8 million, Star Tribune reports.
In the lawsuit, Carter and his brother John claim that while they fulfilled the conditions of the sale, Tyco has refused to pay the $3 million that is still owed.
By Arizona Alarm Dealers on August 23, 2014
I can’t count the number of Alarm Dealers I have listened to, whining about the same thing. If you are going to crawl in bed with the Devil, then don’t complain about getting stabbed with the pitch fork. Sorry Cris, I am a huge fan of yours, but this time you attempted to throw your clients to the wolves and got bit yourself. It is called Karma.