Big lay offs follow Tyco's Raychem acquisition - EDN

Aug 25, 1999 · Just days after completing its $3 billion acquisition of Rachem Corp., Tyco International Ltd. has squeezed an additional 2,200 employees out of its. Aspencore network. …

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Big Lay Offs Follow Tyco's Raychem Acquisition - EDN

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Aug 25, 1999 · Just days after completing its $3 billion acquisition of Rachem Corp., Tyco International Ltd. has squeezed an additional 2,200 employees out of its. Aspencore network. …

edn.com

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Massive Layoffs At Raychem / Firm To Cut 2,200 Jobs - SFGATE

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Aug 25, 1999 · Massive Layoffs at Raychem / Firm to cut 2,200 jobs -- 646 in Bay Area ... The news came less than two weeks after shareholders of Raychem approved a $2.9 billion buyout …

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Raychem Fires 2,200 Employees - MarketWatch

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The combined Raychem and AMP will employ more than 45,000 throughout the world and will generate about $7.2 billion for Tyco's global electronics components business, the company …

marketwatch.com

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Raychem Cools On Analyst Downgrade After Tyco Deal

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NEW YORK (CBS.MW) -- Shares of Raychem fell back Thursday as enthusiasm over its $2.87 billion acquistion by Tyco ebbed on a downgrade from Solomon Smith Barney.

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Breaking News: Tyco To Buy Raychem For $2.8 Billion

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May 19, 1999 · Brings you all the tools to tackle projects big and small ... The acquisition-which follows Tyco's $11.8 billion purchase of the world's largest connector maker AMP Inc. two …

eetimes.com

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Tyco Agrees To Buy Raychem For $2.8 Billion - Electrical Wholesaling

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Jun 1, 2003 · Raychem, which had revenues of $1.8 billion in its fiscal year ended June 30, would merge with a subsidiary of Bermuda-based Tyco. Tyco expects to report more than $22 billion …

ewweb.com

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Tyco Wraps Up $2.87 Billion Raychem Takeover - EE Times

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Aug 13, 1999 · With the Menlo Park, Calif.-based maker of interconnects and infrastructure equipment in its fold, Tyco's electronics division will have total annual sales of almost $9.3 …

eetimes.com

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Tyco Wraps Up $2.87 Billion Raychem Takeover - EDN

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Aug 13, 1999 · Tyco International Ltd. late yesterday completed its $2.87 billion acquisition of Raychem Corp., making the Hamilton, Bermuda-based conglomerate the. Aspencore network. …

edn.com

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Breaking News: Tyco To Buy Raychem For $2.8 Billion - EDN

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In a move that will create a passive component powerhouse, Tyco International Ltd. today announced its intent to acquire Raychem Corp. for $2.87 billion

edn.com

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Tyco In $3 Billion Buyout Of Raychem - EDN

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May 24, 1999 · The trusted news source for power-conscious design engineers powerelectronicsnews.com

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FAQs about Big lay offs follow Tyco's Raychem acquisition - EDN Coupon?

Will Raychem merge with Tyco?

Raychem, which had revenues of $1.8 billion in its fiscal year ended June 30, would merge with a subsidiary of Bermuda-based Tyco. Tyco expects to report more than $22 billion in revenue this year. The boards of both companies have unanimously approved the transaction, which is contingent on regulatory reviews and approval by Raychem shareholders. ...

Is Raychem a good fit for Tyco?

“Raychem is an excellent strategic fit with our electronics business and will be immediately accretive to Tyco's earnings,” said L. Dennis Kozlowski, Tyco's chairman and chief executive, in a statement. “Raychem's products, international presence, and customers are all highly complementary with Tyco's, particularly those of our AMP subsidiary.” ...

Is Tyco acquiring Raychem a passive component powerhouse?

EBN will update this story as more details become available. In a move that will create a passive component powerhouse, Tyco International Ltd. today announced its intent to acquire Raychem Corp. for $2.87 billion in cash and stock. ...

Will Tyco & Raychem buy AMP?

Tyco expects to report more than $22 billion in revenue this year. The boards of both companies have unanimously approved the transaction, which is contingent on regulatory reviews and approval by Raychem shareholders. Raychem sells to many of the same customers as AMP, Harrisburg, Pa. ...

What are Tyco & Raychem products?

Tyco has four major business units: fire and security services; disposable and specialty products, including medical products; industrial valves; and electric components. Raychem makes electric and electronic components used in the telecommunications, motor vehicle and aerospace industries. ...

Did Tyco buy AMP?

A month after buying AMP, Inc., Tyco International Ltd. continued its acquisition binge with a deal to buy Raychem Corp., Menlo Park, Calif., for $2.87 billion in cash and stock, or about $37 a share, plus the assumption of $400 million of debt. ...