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Tyco looking at redefining free cash flow

 - 
03/01/2003

PEMBROKE, Bermuda - After a period where its accounting practices have come under harsh public criticism, Tyco International is looking at the way it defines free cash flow.

One of the main changes that the company is likely to put in place is that it will now deduct the funds used for the acquisition of customer accounts from its ADT security alarm business.

Tyco makes string of positive moves

 - 
02/01/2003

NEW YORK - A string of good news for investors has come from Tyco International over the past month, including announcements of financing arrangements, a new financial officer at the Fire and Security division and the results of a long-awaited accounting investigation.

“Big picture-wise for Tyco, everything has been coming up roses,” said Jack Mallon, an industry analyst.

Voxcom to purchase shares for cancellation

SSN Staff  - 
02/01/2003

EDMONTON, Alberta – On Dec. 23, Voxcom Inc.

Stealth Alarms to target U.S. with dealer program

 - 
02/01/2003

CALGARY, Alberta - Security company Stealth Alarms was set in mid-January to launch a national U.S.

Smith & Wesson awards new brand name licensing agreements

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02/01/2003

SCOTTSDALE, Ariz. - Legendary American handgun maker Smith & Wesson is looking to put its name on more than just firearms.

Dealer files lawsuit against ADT for contract

Lawsuit awaiting approval from New Jersey court to become a class action claim
 - 
02/01/2003

BOCA RATON, Fla. - Charging that ADT Security Services breached its contract when it informed dealers in August 2002 that it was limiting the number of qualified accounts it would purchase, a New Jersey dealer has filed a class action complaint seeking unspecified damages.

Commissioners to vote on response plan

SSN Staff  - 
01/01/2003

LOS ANGELES -Members of the Los Angeles Police Commission are expected to vote on the city’s verified response policy at a meeting this month, after delaying action on the issue at least once before.

The proposal is being met by strong opposition from local alarm companies as well as homeowners’ groups who fear that the policy, if approved, would slow response time and spell an invitation to burglars.

Chicagoland installation firm grows with tuck-in account buys

 - 
01/01/2003

WOOD DALE, Ill. -With its largest acquisition to date, a low-voltage systems contracting firm based here is working toward its strategy of becoming a dominant player in the Midwest by concentrating on acquiring small scale companies and blocks of accounts.

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Poll

SSN News Poll October 2020

With the flurry of activity in partnerships and acquisitions recently — ADT partnering with Google to take on the smart home market; Motorola buying Pelco; Johnson Controls acquiring Qolsys; and S3 expanding into Western Virginia — this month’s News Poll looks to gauge the M&A market.