The internet is once again calling Schneider’s bluff as new reports surfaced today that the French global company is exploring options to buy out Tyco International. Read about previous rumors here.
This time, The New York Post cited two anonymous sources close to the situation saying Schneider is speaking with private equity firms to partner with in the acquisition of Tyco businesses. According to that report, Schneider has not yet chosen a firm to work with and the possibility exists that more than one private equity firm will come together to make their own bid on Tyco.