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Non-Tech : Tyco International Limited (TYC)

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To: TigerPaw who wrote (3707)1/14/2006 11:12:38 AM
From: nnillionaire   of 3770
 
TP

Re: ...accountants, and HR, and advertising coordinators, and travel specialists, and pencil buyers..

Tyco businesses are relatively decentralized and operate with little corporate support (except to count the revenues). If the businesses do have to hire some staffers, those costs will be expensed as a cost of doing business, not as one time charges.

I still do not understand how $1 billion in charges for this transaction will be used.

nnil
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