Search
Menu
DataRay Inc. - ISO 11146-Compliant Laser Beam Profilers

TyCom Shareholders Approve Sale to Tyco

Facebook X LinkedIn Email
PEMBROKE, Bermuda, Dec. 14 -- TyCom Ltd. said its shareholders approved the sale of the remaining 11 percent of the company not already owned by Tyco International Inc. Tyco's move to buy back 56 million common shares of TyCom, which it spun off last year, is valued at $957.4 million, based on Tyco's Wednesday closing price of $55.95. Completion of the deal, first announced on Oct. 4, will make TyCom a wholly owned Tyco subsidiary.Read full article

Related content from Photonics Media

    Published: December 2001
    News & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.