What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to announce that Tyco International Ltd. has submitted preliminary proxy materials to the SEC. These materials are intended to solicit shareholder approval for a plan to spin off two of its business units, ADT and Tyco Flow Control, into separate independent companies.

What are the business units being spun off?

The two business units being spun off are The ADT Corporation (ADT) and Tyco Flow Control International Ltd. (Tyco Flow Control).

What action is required from Tyco shareholders?

Tyco shareholders will be asked to vote on the proposed spin-off transactions. The filing of preliminary proxy materials is the first step in this approval process, and shareholders will be mailed a final proxy statement containing detailed information before they are asked to vote.

Where can investors find more detailed information about the spin-offs?

Investors can find more detailed information by carefully reading the preliminary proxy materials already filed with the SEC, and more importantly, the upcoming final proxy statement and any other relevant documents that Tyco files with the SEC. These can be accessed through the SEC's website or public reference room.

JCI 8-K SEC Disclosure

Summary

This 8-K filing from Tyco International Ltd., dated May 8, 2012, announces the submission of preliminary proxy materials to the SEC. These materials seek shareholder approval for a significant strategic plan: the spin-off of two distinct business units, The ADT Corporation (ADT) and Tyco Flow Control International Ltd. (Tyco Flow Control). The company also plans to elect two new board nominees who will take effect upon the completion of these spin-offs, along with other related corporate actions. This move signals Tyco's intent to transform into three independent, publicly traded entities, allowing each to pursue its own strategic direction and capital allocation. Investors should note that this filing is a preliminary step and a critical component of the shareholder approval process. The company emphasizes that the final proxy statement, which will contain crucial details about the proposed transactions, will be mailed to shareholders soon. Tyco urges all shareholders and investors to carefully review these documents, including the proxy statement and any other filings with the SEC, once they become available. This will provide a comprehensive understanding of the proposed spin-offs and any associated implications.

Key Highlights

1Tyco International Ltd. filed preliminary proxy materials with the SEC on May 8, 2012.
2The filing seeks shareholder approval for a plan to spin-off The ADT Corporation (ADT) and Tyco Flow Control International Ltd.
3This strategic move aims to separate Tyco into three independent, publicly traded companies.
4The company also announced plans for the election of two new board nominees, effective post-spin-off.
5Tyco provided presentation materials on its investor relations website detailing the separation progress.
6Shareholders are strongly advised to read the upcoming final proxy statement and other SEC filings for detailed information.
7The SEC filing is a prerequisite for shareholder voting on the proposed spin-off transactions.

Johnson Controls International plc 8-K Report, Corporate Update (May 9, 2012)

Summary

Key Highlights

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