Summary
This 8-K filing from Johnson Controls International plc (JCI) on March 28, 2001, is informational rather than directly transactional for JCI. It reports on a significant event involving another company, Tyco International Ltd. (Tyco), and The CIT Group, Inc. (CIT). Specifically, JCI is disclosing that Tyco announced its intention to acquire CIT through a merger, to be accounted for as a purchase. JCI is providing this information as an exhibit, including unaudited pro forma combined condensed financial information for Tyco and CIT.
Key Highlights
- 1Johnson Controls International plc (JCI) is filing this 8-K report on March 28, 2001.
- 2The report concerns the acquisition of The CIT Group, Inc. (CIT) by Tyco International Ltd. (Tyco).
- 3Tyco announced an Agreement and Plan of Merger dated March 12, 2001, to acquire CIT.
- 4The acquisition will be accounted for by Tyco as a purchase.
- 5The filing includes unaudited pro forma combined condensed financial information for Tyco and CIT.
- 6This information covers periods ending December 31, 2000, and September 30, 2000.