By: Benzinga
December 10, 2012 at 08:21 AM EST
FROM EARLIER: Ingersoll Rand to Spin Off its Commercial and Residential Security Business
Ingersoll-Rand plc (NYSE: IR ) today announced that its Board of Directors has unanimously approved a plan to spin off its commercial and residential security businesses (the “new security” company). The separation will result in two standalone companies: Ingersoll Rand, a world leader in creating comfortable, sustainable and efficient
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