Re: ADT Essential Wireless Package

["Mark Leuck" <m..leuck@xxxxxxxxxxx>]

"Danny" <d@xxxxx> wrote in message
news:7Byzg.28514$ZH1.6897@xxxxxxxxxxxxxxxxxxxxxxxxx
> Doug L wrote:
> > http://www.sourcewatch.org/index.php?title=Tyco_International_Ltd.
> > merged into ADT Limited, a Bermuda corporation. The name of the combined
> > company was changed from ADT Limited to Tyco International,
> >
> > http://www.businessweek.com/magazine/content/01_22/b3734001.htm
> > When Tyco snapped up Bermuda-based ADT, he structured the deal as a
reverse
> > merger, moving Tyco's headquarters to an island haven where the
corporate
> > tax rate is zero
> >
> >
http://www.mindfully.org/Industry/Tyco-Spent-Millions-Kozlowski7aug02.htm
> > 1997 Tyco merges with Bermuda-based ADT, whose operations base is in
Boca
> > Raton, Fla.
> >
> > http://www.answers.com/topic/tyco-international
> > With the acquisition of ADT Security, Tyco moved its incorporation (but
> > little else) to Bermuda in 1997. While publicly part of the merger (ADT
was
> > already incorporated in Bermuda),
> >
> > http://www.pulitzer.org/year/2003/explanatory-reporting/works/wsj6.html
> > That year, Tyco did its biggest deal ever, a $6.6 billion merger with
> > Bermuda-registered ADT Ltd., the world's leading provider of security
> > alarms. The merger was structured as an ADT takeover of Tyco, so that
the
> > surviving company could stay in tax-friendly Bermuda
> >
> > Doug
> >
>
> there a big reason right there to not buy form ADT.

They wouldn't do that if it weren't for high state taxes