Tyco Flow Control Merging with Pentair
Wednesday, March 28, 2012
Pentair, Inc. and
Tyco International Ltd. announced today a definitive agreement to combine
Tyco's Flow Control business with Pentair in a tax-free, all-stock merger.
The new company will be named Pentair and will be led by
Randall J. Hogan, Pentair's current chairman and CEO. More...