Tyco International's CEO Discusses Merger Of Flow Control Business And Pentair (Transcript)

Tyco International Ltd. (TYC)

Merger of Flow Control Business and Pentair Call

March 28, 2012 8:30 am ET


Sara Zawoyski Vice President, Investor Relations, Pentair

Randall J. Hogan – Chairman and Chief Executive Officer, Pentair

John L. Stauch – Executive Vice President and Chief Financial Officer, Pentair

Edward D. Breen – Chairman and Chief Executive Officer

Antonella Franzen – Vice President, Investor Relations

Mark P. Armstrong – Vice President of Mergers & Acquisitions


Deane Dray – Citi Investment Research

Mike Wherley – Janney Capital Markets

Hamzah Mazari – Credit Suisse

Michael Halloran – Robert W. Baird & Company, Inc.

Stephen Tusa – JPMorgan

Christopher Glynn – Oppenheimer & Co.

Ajay Kejriwal – FBR Capital Markets

Gautam Khanna – Cowen and Company

Bhupender Bohra – Jefferies & Co., Inc.

Garik Shmoi – Longbow Research LLC

Neilson Gupta – BofA Merrill Lynch

Doug Carson – BofA Merrill Lynch


Welcome to the joint Tyco and Pentair Conference Call to discuss the merger of Pentair and Tyco's Flow Control business. At this time all lines are in a listen-only mode (Operator Instructions) Today’s conference is being recorded.

I’d now like to turn the call to Sara Zawoyski, Vice President of Investor Relations for Pentair you may begin.

Sara Zawoyski

Thank you, Shirley. Good morning everyone. Thank you for joining us on such short notice to discuss this morning’s announcement of the Pentair and Tyco Flow Control transaction. I am Sara Zawoyski, Vice President for Investor Relations at Pentair.

With me this morning are Randy Hogan, Chairman and CEO of Pentair, John Stauch CFO of Pentair, Ed Breen, Chairman and CEO of Tyco International, and Tyco’s Vice President of Investor Relations, Antonella Franzen.

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