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Back from the shower

19 January 2010 By Aliza Rosenbaum

The conglomerate has awakened from its scandalinduced slumber to buy Broadview Security a Brink s security spinoff for $1.9 bln. Investors seemed pleased, adding some $275 mln to Tyco s value. That s because the $150 mln of projected cost cuts make the deal a steal.

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