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Vringo, Inc. Message Board

  • chipster7117 chipster7117 May 8, 2014 8:53 PM Flag

    ADT Settlement

    Where the heck was the report on what ADT settled during the quarterly release? How does that financially help shareholders if we don't even know???

    Sentiment: Hold

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    • I expect ADT agreed in advance to pay what ever TYCO settled for. So we should get a clearer view in the next report.

      Green

      • 1 Reply to pfsgreen
      • Here's a little more info on why I think ADT's settlement is tied to Tyco's:

        Tyco International Separation Update

        As you may know, the board of directors of Tyco International recently approved a plan to separate Tyco’s businesses, including ADT, into three separate, publicly traded operating companies:



        ADT North America Residential and Small Business Security – the leading provider of security and fire alarm systems, serving more than six million homes and small businesses in the U.S. and Canada.



        Flow Control – a global supplier of flow management, water and environmental systems and thermal control solutions.



        Commercial Fire and Security – the largest global provider of fire and security products and services for commercial, industrial, governmental and retail customers worldwide.

        This all happened a couple years ago.

        Green

 
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