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Tyco wants to move to Ireland

May 5, 2014SSN Staff

NEUHAUSEN, Switzerland—Tyco International on May 2 announced that its board of directors approved a proposal to change its incorporation location from Switzerland to Ireland. Tyco shareholders will to vote on the proposal at a special general meeting of shareholders. In a prepared statement, Tyco CEO George Oliver, said: "Ireland's business-friendly atmosphere and its well established legal and regulatory framework and corporate governance standards provide Tyco with the most favorable conditions...

incorporation location, Security Systems News (SSN)

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