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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...
The spinoff of Tyco s flow control business is a bit more complicated than the ADT spinoff, as Tyco agreed in March to merge that business with publicly-traded Pentair Inc. Tyco will distribute all of the shares of the flow control business to its shareholders, and then the company will merge with Pentair.Tyco shareholders will end up owning 52.5 percent of Pentair. After the two companies are spun off, Tyco will be left with its commercial fire protection and security business.DT to become separate public company. Tyco International Ltd. is closing in on completion of its plan to split into three separate public companies, including a spinoff of its North American residential and small business security company ADT Corp. by Mark Basch, Contributing Writer.