Johnson Controls is to acquire York, the global supplier of heating, ventilating, air-conditioning and refrigeration equipment and services.
Under a definitive agreement unanimously approved by the Boards of Directors of both companies, Johnson Controls will acquire the company in an all-cash transaction in which
The total value of the acquisition is anticipated to be approximately $3.2 billion, including the assumption of approximately $800 million of
Johnson Controls anticipates the transaction will close in December 2005, subject to customary closing conditions that include regulatory approvals and
PMI falls as manufacturers feel the squeeze
17 months or two and a half years - which is it?