- Johnson Controls (NYSE:JCI) and Tyco International announce that they filed registration statements with the SEC in connection to their proposed merger.
- The companies have each scheduled meetings of their respective shareholders on August 17 to approve matters related to the merger.
- Both Johnson Controls' and Tyco's boards of directors unanimously recommend that its respective shareholders vote for the combination.
- Shares of JCI are up 8.13% YTD amid the merger developments.
- Source: Press Release