(Reuters) - The company said the distributions will be made on June 29,
and that each Tyco shareholder will receive one share of
Covidien Ltd. and one share of Tyco Electronics for every four
shares of Tyco International.
Tyco has said it was spinning off its electronics and
health-care divisions into independent, publicly traded
companies to allow each business to set its own strategy and
provide investors with clearer choices.
Read more at Reuters.com Government Filings News
and that each Tyco shareholder will receive one share of
Covidien Ltd. and one share of Tyco Electronics for every four
shares of Tyco International.
Tyco has said it was spinning off its electronics and
health-care divisions into independent, publicly traded
companies to allow each business to set its own strategy and
provide investors with clearer choices.
Read more at Reuters.com Government Filings News
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