NYSE, TYC - Tyco International Ltd
Effective June 29, 2007, Tyco International Ltd. (hereinafter referred to as
"we," the "Company" or "Tyco") completed the spin-offs of Covidien and Tyco
Electronics, formerly our Healthcare and Electronics businesses, respectively,
into separate, publicly traded companies (the "Separation") in the form of a
distribution to Tyco shareholders. The distribution was made on June 29, 2007,
to Tyco shareholders of record on June 18, 2007, the record date. Each Tyco
shareholder received 0.25 of a common share of each of Covidien and Tyco
Electronics for each Tyco common share held on the record date. As a result of
the distribution, the operations of Tyco's former Healthcare and Electronics
businesses are now classified as discontinued operations in all periods
presented.
In connection with the Separation, we realigned our management and segment
reporting structure. The segment data presented reflects the new segment
structure. ...
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