Re: ADT Essential Wireless Package

[Danny <d@xxxxx>]

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.