August 8, 2016 To: Executive Officers and Members of the Board of Johnson Controls, Inc. Re: Statutory Window PeriodJohnson Controls Inc • August 8th, 2016 • Public bldg & related furniture
As you are aware, on January 24, 2016, Johnson Controls, Inc. (“Johnson Controls”) entered into an Agreement and Plan of Merger by and among Johnson Controls, Tyco International plc (“Tyco”), and Jagara Merger Sub LLC, as amended, pursuant to which Johnson Controls has agreed to combine its businesses with those of Tyco (the “Merger”). Upon completion of the Merger, Tyco will change its name to Johnson Controls International plc and is referred to below as the “Combined Company.” The Merger is expected to close on September 2, 2016, subject to shareholder approval.
