Johnson Controls in talks to merge with Tyco

January 24, 2016 8:33 PM

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Johnson Controls, Wisconsin's largest publicly-traded company, is poised to merge with Tyco International, a deal which could be worth as much as $20 billion.

The Wall Street Journal first reported Sunday the deal could be announced Monday. Johnson Controls is headquartered in Glendale, a suburb of Milwaukee, and employs 168,000 people worldwide.

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