Johnson Controls and Tyco Propose Merger

MILWAUKEE and CORK, Ireland, July 7, 2016 /PRNewswire/ -- Johnson Controls (NYSE: JCI) and Tyco International plc (NYSE: TYC) announced today that the registration statement on Form S-4 filed with the U.S. Securities and Exchange Commission (SEC), was declared effective on July 6, 2016. The registration statement was filed in connection with the proposed merger and includes a joint proxy statement of both companies' allowing the transaction to proceed to shareholder votes.

The companies also announced that they have each scheduled meetings of their respective shareholders to approve matters related to the merger.
1. Johnson Controls' special meeting of shareholders will be held on August 17, 2016 at 1:00 p.m. CDT, at the Dallas Ritz Carlton Hotel, 2121 McKinney Avenue, Dallas, Texas.
2. Tyco's extraordinary meeting of shareholders will be held on August 17, 2016 at 9:00 a.m. local time at Earlsfort Centre, Earlsfort Terrace, Dublin, Ireland.

Both Johnson Controls' and Tyco's boards of directors unanimously recommend that its respective shareholders vote "FOR" the matters specified in the joint proxy statement.

The Form S-4 is available on the SEC's website (as filed under Tyco), and may be accessed at: http://www.sec.gov  

For additional information, visit
http://www.johnsoncontrols.com
http://www.tyco.com

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