SDM EXCLUSIVE: Some Details, Speculation on ADT/Broadview News; Protection One Explores Sale
The deal is not yet final. It is subject to customary regulatory conditions, including clearance under the Hart-Scott-Rodino Act and the approval of Broadview shareholders. It is expected to be completed in the second half of Tyco's fiscal year, which began on September 26, 2009.
Since the announcement, the questions and speculation surrounding the deal have exploded – along with Broadview’s stock, which climbed to a new 52-week high at $41.54. Tyco’s stock also rose, up 65 cents, or 1.7 percent, to $38.19.