Johnson Controls CEO: Tyco Deal Not About Taxes

The video discusses the strategic benefits of tax inversions, particularly in the context of relocating to Ireland. It highlights the integration process between Tyco and Johnson Controls, emphasizing the importance of thoughtful planning to create value for shareholders and customers. The merger is presented as a new beginning for both companies, with a focus on employee inclusion and management transition. Additionally, the spinoff of Adient is explored, detailing its setup for success despite initial debt challenges.

What was the primary reason for the merger between Johnson Controls and Tyco?

• To relocate headquarters

• To reduce employee count

• To explore strategic opportunities

• To gain tax benefits

How many employees are there approximately from each company after the merger?

• 60,000

• 45,000

• 75,000

• 30,000

What is the new operational headquarters location for the merged company?

• New Jersey

• Dublin

• London

• Milwaukee

Who will take over as CEO of the merged company after the transition period?

• George Oliver

• Alex Johnson

• Michael Smith

• David Brown

What is the name of the new company being spun off from Johnson Controls?

• ControlPlus

• InnovateCorp

• TycoTech

• Adient