Company
Tyco International
TL;DR
Represents cautionary tale of branching fast without pruning and losing trunk identity.
Conglomerate that followed similar undisciplined branching pattern to GE: hundreds of acquisitions without operating discipline, accounting fraud discovered in 2002, CEO imprisoned, company split into three pieces. Represents cautionary tale of branching fast without pruning and losing trunk identity.
Cautionary Notes on Tyco International
- Hundreds of acquisitions without operating discipline
- Accounting fraud discovered 2002
- CEO imprisoned
- Company split into three pieces