Tyco Completes Cambridge, SecurityLink Purchase
Tyco Int’l Ltd. has completed its $1 billion acquisition of Cambridge Protection Industries LLC, which includes SecurityLink.
SecurityLink provides services to approximately one million residential, commercial and government customers. The billion-dollar deal is expected to be immediately accretive to Tyco’s earnings per share and free cash flow.
According to Tyco Chairman and CEO L. Dennis Kozlowski, the company expects the new business to provide significant product, service and operational synergies when combined with ADT.
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