Johnson Controls (JCI), Tyco (TYC) Enter Merger Agreement

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Bernie Sanders Calls Johnson Controls (JCI), Tyco (TYC) Deal Disaster for Taxpayers - Bloomberg

January 25, 2016 1:24 PM EST

Bernie Sanders Calls Johnson Controls (NYSE: JCI), Tyco (NYSE: TYC) Deal Disaster for Taxpayers - Bloomberg

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Johnson Controls in advanced talks to acquire Tyco: sources

January 24, 2016 4:03 PM EST

By Greg Roumeliotis

(Reuters) - Johnson Controls Inc (NYSE: JCI), a U.S. manufacturer of car batteries and heating and ventilation equipment, is in advanced talks to buy fire protection and security company Tyco International Plc (NYSE: TYC), people familiar with the matter said.

A deal between Johnson Controls and Tyco, which have market capitalizations of $23 billion and $13 billion respectively, would provide the clearest indication yet that the recent market volatility has not derailed strategic mergers from advancing.

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Johnson Controls (JCI) in Talks to Acquire Tyco (TYC) - WSJ

January 24, 2016 1:21 PM EST

Johnson Controls (NYSE: JCI) is in advanced talks to acquire Tyco International (NYSE: TYC) for as much as $20 billion, WSJ reported citing people familiar with the matter.

A deal could be announced as soon as Monday.

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