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Liberty Mutual acquired Safeco in 2008 for 6.2 Billion Dollars. Since that time, the companies have become more alike than different. The one major difference is that Liberty Mutualâs auto and home products are sold through âexclusive agentsâ whil...
Johnson Controls recently announced a merger agreement with Tyco, a global fire and security provider, to create a combined company with $32 billion in revenues, post the Adient spin-off. Under the terms of the agreement, Johnson Controlsâ shareholders will hold a 56% equity stake in the combined company, and will receive a cash consideration of ~$3.9 billion, with Tyco owning approximately 44% of the equity.