|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the TYC 8-K filed Dec 15, 2009. Other Events.
On December 14, 2009, Tyco International Ltd. issued a press release announcing that it has purchased two Brazilian valve companies. The purchase price was approximately BRL 183.1 million ($104.0 million). A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 8.01.
2
This excerpt taken from the TYC 8-K filed Sep 30, 2009. ITEM 8.01 OTHER EVENTS.
Tyco International Ltd. (the Company) is filing herewith, as an exhibit to its Registration Statement on Form S-3 (File No. 333-153430), its Computation of Ratio of Earnings to Fixed Charges for the fiscal years 2008, 2007, 2006, 2005 and 2004 and the nine months ended June 26, 2009 and June 27, 2008.
This excerpt taken from the TYC 8-K filed Mar 17, 2009. ITEM 8.01 OTHER EVENTS
On March 12, 2009, the Company issued a press release announcing the results of its Annual General Meeting of Shareholders and Special General Meeting of Shareholders, each held on March 12, 2009. On the same date, the Company issued a press release related to the shareholder-approved annual dividend of CHF 0.93 per share to be paid in four quarterly installments in the form of a capital reduction. Copies of the press releases are furnished as Exhibits 99.1 and 99.2 to this report and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed Dec 11, 2008. ITEM 8.01 OTHER EVENTS
On December 10, 2008, Tyco International Ltd. issued a press release announcing a proposal to change its place of incorporation from Bermuda to Switzerland. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed Oct 8, 2008. Item 8.01. Other Events.
On October 7, 2008, Tyco International Ltd. (the Company) issued a press release announcing the acquisition of Vue Technology, Inc. for approximately $43 million. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed Sep 10, 2008. Item 8.01. Other Events.
On September 9, 2008, the Company issued the press release furnished as Exhibit 99.1 to this report. The press release is incorporated in this Item 8.01 by reference.
This excerpt taken from the TYC 8-K filed Jul 28, 2008. Item 8.01. Other Events.
On July 25, 2008, the Company issued a press release announcing its acquisition of substantially all of the assets of Sensormatic Security Corporation. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference in this Item 8.01.
On July 25, 2008, the Company substantially completed the previously announced sale of a portion of its Infrastructure Services business for cash and other consideration of approximately $455 million. Certain assets in China were excluded from the closing and are expected to be transferred to the purchaser, AECOM Technology Corporation, for additional consideration of approximately $55 million once necessary consents and approvals are obtained. Infrastructure Services, which operates under the name Earth Tech, Inc., provides consulting, engineering, construction management and operating services for the water, wastewater, environmental, transportation and facilities markets.
This excerpt taken from the TYC 8-K filed Jun 5, 2008. Item 8.01. Other Events.
On May 29, 2008, the
Company agreed to settlement terms (the MOU) with the City of Phoenix related
to the previously disclosed disputes between the City of Phoenix and Earth Tech
over the 91st Avenue Wastewater Treatment Plant. The MOU sets forth the basic settlement terms
for the litigation
3
between Earth Tech and the City of Phoenix related to the 91st Avenue facility, and includes a general release of all claims by each party related to the litigation without any party making any payment to any other party. On June 4, 2008, the MOU was approved by the Phoenix City Council, and the parties to the MOU are taking the necessary steps to obtain a complete dismissal of the litigation and to formally document the terms of the MOU. In connection with the foregoing, the Company has assessed its assets under the original contract with the City of Phoenix of $50 million and has concluded that the assets are no longer recoverable.
On June 2, 2008, the Company entered into an Agreement in Principle (Agreement) with the trustee of various trusts that brought claims against the Company alleging, among other things, securities fraud in connection with the Companys 1999 acquisition of AMP, Inc. The Agreement sets forth the basic terms pursuant to which the parties will settle all claims between them that are raised or could have been raised in the previously disclosed litigation entitled Ballard v. Tyco International Ltd. The Agreement calls for the Company to make a payment of $36 million to the plaintiffs, which payment is subject to the sharing formula contained in the separation agreement among the Company, Tyco Electronics and Covidien entered into upon the spin-offs of Tyco Electronics and Covidien in June 2007. Pursuant to the sharing formula, the Companys net liability is approximately $10 million, with Tyco Electronics and Covidien responsible for approximately $11 million and $15 million, respectively.
On June 5, 2008, the Company issued a press release announcing its acquisition of substantially all of the assets of Winner Security Services LLC, a Sensormatic franchisee, for approximately $90 million. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed Jun 3, 2008. Item 8.01. Other Events.
On June 2, 2008, Tyco International Ltd. (the Company) issued a press release announcing the final results of the previously announced consent solicitation and exchange offer for certain series of its outstanding public debt securities. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed May 12, 2008. Item 8.01. Other Events.
On May 12, 2008, Tyco International Ltd. (the Company) issued a press release announcing extensions of the previously announced consent solicitation and exchange offer for certain series of its outstanding public debt securities. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 8.01.
This excerpt taken from the TYC 8-K filed Apr 29, 2008. Item 8.01. Other Events.
On April 29, 2008, Tyco International Ltd. (the Company) signed a definitive agreement with the State of New Jersey, on behalf of several of the States pension funds, to settle the previously disclosed action brought in 2002 by the State against the Company, its former auditors and certain of its former officers and directors alleging that the defendants had, among other things, violated federal and state securities and other laws through the unauthorized and improper actions of prior management.
The agreement calls for the Company to make a payment of $73.25 million to the plaintiffs in exchange for the plaintiffs agreement to dismiss the case against the Company and certain of its former directors and a former employee. Pursuant to the Separation and Distribution Agreement entered in connection with the June 2007 separation of Tyco into three publicly traded companies, the Companys share of the settlement amount is approximately $20 million, with Tyco Electronics and Covidien responsible for approximately $23 million and $31 million, respectively. The Company has recorded the settlement and related receivables from each of Covidien and Tyco Electronics for their respective shares of the settlement amount in its fiscal second quarter resulting in a net expense for its share of the settlement of approximately $20 million. Payment of the settlement amount is to be made on or before June 2, 2008. Upon the full execution of the definitive agreement by each of the other defendants party thereto, the parties shall file the agreed upon order of dismissal with the court, the entry of which will dismiss the litigation with prejudice. The Company expects to pay the full amount of the settlement to the State and concurrently receive payment from Tyco Electronics and Covidien.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
3 | |||||||||||||||||||||||||||