Breakup of Tyco Signals Opportunities for Hedge Funds
Tyco International's move to break itself into three separate pieces was welcoming news for a number of hedge funds that piled into the stock in the second quarter.
Stephen Taub
September 19, 2011
Tyco International Ltd. signage is displayed outside of the company's offices in Boca Raton, Florida, U.S., on Thursday, April 11, 2011. Tyco International Ltd. is emerging as a candidate for a sale or breakup whether Schneider Electric SA follows through on talks to take over the company or passes on a deal, analysts said. Photographer: Eliot J. Schechter/Bloomberg
Eliot J. Schechter/Bloomberg
