Johnson Controls Merges With Tyco in Tax-Lowering Maneuver

  • Another inversion moves U.S. company's tax address to Ireland
  • JCI will continue with spinoff of automotive-seating unit

Why Johnson Controls Combining With Tyco Makes Sense

Johnson Controls Inc., already exiting the auto-industry’s supply chain after decades as a key player, is now seeking to shed its U.S. corporate citizenship in a multibillion-dollar tie-up with Tyco International Plc

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