Johnson Controls, Tyco Shareholders Approve Mega Merger
Merging Johnson Controls and Tyco is expected to create a global industrial leader in buildings and energy markets with $30 billion in annual revenue.
Merging Johnson Controls and Tyco is expected to create a global industrial leader in buildings and energy markets with $30 billion in annual revenue.
The company experienced a dip in revenue compared to the third quarter of fiscal 2015.
The company said the new venue will be operationally smarter, safer and more sustainable.
The transaction is expected to close on or around Oct. 1.
Johnson Controls became a founding building automation partner for Cisco Digital Ceiling.
The building will serve as global headquarters for the combined company of Tyco and Johnson Controls when the merger closes later in 2016.
Anixter worked with JCI on health-care and education projects in New Orleans, Denver and Detroit.
Saying the merger ‘should be stopped,’ Democratic presidential candidate Hillary Clinton attacks the proposed merger between giants Johnson Controls and Tyco Int’l due to the tax-avoidance consequences.
Proper positioning and planning is important for every company, regardless of size.
The company attributes the falloff in net revenue to the deconsolidation of its Automotive Interiors business among other factors.
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