In a deal that combines two of North America’s top residential and commercial security companies, Tyco announced yesterday that it reached a deal to buy Brink’s Home Security Holdings Inc., for cash and stock worth roughly $2.0 billion.
The companies would be combined under the ADT security business run by Tyco.
The companies said the deal was worth $42.50 a share, compared to Brink's close of $31.42 on Friday.
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