TITLE

Attempted hostile takeover averted, thanks to 'white knight'

AUTHOR(S)
DeSorbo, Mark A.
PUB. DATE
February 1999
SOURCE
Cabling Installation & Maintenance;Feb99, Vol. 7 Issue 2, p46
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the merger between AMP Inc. and Tyco International Limited. AlliedSignal Inc.'s hostile takeover attempt on AMP; Terms of the swap deal between AMP and Tyco deal; Growth strategy of AMP.
ACCESSION #
1640552

 

Related Articles

  • Tyco makes $11-billion deal to buy AMP. Chandler, Douglas // Electrical Wholesaling;Jan1999, Vol. 80 Issue 1, p10 

    Reports on the agreement of Tyco International Ltd. to rescue AMP Inc. from a hostile takeover bid from AlliedSignal. Bids made by the two companies for AMP; Significance of the acquisition for Tyco; Tyco's plans for AMP.

  • Huge Layoff at AMP/Raychem. Levine, Bernard // Electronic News;08/30/99, Vol. 45 Issue 35, p1 

    Details the layoff plans of AMP Inc. on its workforce. Jobs eliminated by the company since it was acquired by Tyco International Ltd.; Positions that will be affected by the cuts; Employees to be employed by the merged company.

  • AMP agrees to $11b Tyco buyout offer. Levine, Bernard; Haber, Carol // Electronic News;11/30/98, Vol. 44 Issue 2247, p1 

    Reports on Tyco International Ltd.'s proposed acquisition of AMP Inc. Potential benefits of the merger to AMP's distributors and original equipment manufacturer customers; Terms of Tyco's proposal; Possible impact on the market for AMP's connector products; AMP's implementation of strategic...

  • AMP's battle with AlliedSignal rages on.  // Electrical Wholesaling;Oct98, Vol. 79 Issue 10, p10 

    Reports that AlliedSignal's hostile takeover of AMP Inc. of Harrisburg, Pennsylvania, may have to be withdrawn if a Pennsylvania legislation is enacted that will impede the takeover attempt. AMP's lobbying effort for a legislation that would block AlliedSignal from proceeding with its consent...

  • One piece at a time.  // Business News New Jersey;09/21/98, Vol. 11 Issue 33, p2 

    Reports on AlliedSignal Inc.'s hostile takeover bid for AMP Inc., an electrical, fiber-optic and wireless connector manufacturer in Harrisburg, Pennsylvania.

  • Tyco poised to purchase AMP, Sunbelt. Renstrom, Roger // Plastics News;11/30/1998, Vol. 10 Issue 42, p1 

    Reports on Tyco International Ltd.'s plans of acquiring AMP Inc. and Sunbelt Manufacturing Inc. Value of acquisition of the separate companies; Projected sales to be achieved by Tyco in 1999; Advantages of Tyco from its acquisition deals.

  • Flash.  // Fortune;4/26/1999, Vol. 139 Issue 8, p43 

    Reports briefly on how if Tyco acquires AMP it would allow AMP chief executive officer (CEO) Robert Ripp to keep his job. Decision of Ripp to tender his resignation.

  • AMP-AlliedSignal saga in hands of shareholders, legislators. Levine, Bernard // Electronic News;10/05/98, Vol. 44 Issue 2239, p6 

    Reports on the continuing AMP-AlliedSignal hostile takeover saga. AMP's offer to buy back its shares at a higher price than Allied; Extension of Allied's cash tend offer to purchase total outstanding shares of AMP; Allied's alleged attempt to coerce the Pennsylvania legislature; Financing...

  • AMP finances share buyback. NIELSEN, KAROL // Chemical Week;10/21/1998, Vol. 160 Issue 39, p35 

    Reports on the plans of AMP, a hostile takeover target of AlliedSignal, for financing a share repurchase program. Underwriters of the loan package; Details on the credit package; Negotiations of AlliedSignal for a credit line to finance its offer for shares of AMP; Financial advisers of...

Share

Read the Article

Other Topics