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Along with its guidance updates, Tyco (TYC) says it's gotten approval to break into three by...

Along with its guidance updates, Tyco (TYC) says it's gotten approval to break into three by spinning off its ADT residential security line and its flow-control business from its fire and security business. The flow-control business is merging with Pentair but will still be majority-owned by Tyco holders. TYC -3.1% premarket.
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