Reuters: Mergers News: REFILE-Tyco to combine flow control business with Pentair

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

REFILE-Tyco to combine flow control business with Pentair Mar 28th 2012, 10:11 Wed Mar 28, 2012 6:11am EDT March 28 (Reuters) - Tyco International said it will merge its flow control business with Pentair Inc to create a global filtration products major with $7.7 billion in annual revenue. On completion of the deal, Tyco shareholders will own about 52.5 percent of the combined company while Pentair will hold about 47.5 percent.

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