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ADT Limited
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The following press release was issued by ADT on May 5, 1997:
FOR IMMEDIATE RELEASE [ADT LOGO]
ADT Limited ("ADT") Press Release
ADT ANNOUNCES HART-SCOTT-RODINO WAITING PERIOD EXPIRES
IN RESPECT OF THE ADT-TYCO TRANSACTION WITH NO ACTION
TAKEN
__________________________________________________________________
Hamilton, Bermuda, May 5, 1997 -- ADT Limited (NYSE-ADT) announced
today that, on Saturday, May 3, the 30-day waiting period under the Hart-Scott-
Rodino Antitrust Improvements Act of 1976 in respect of the ADT-Tyco
transaction expired with no action taken by the anti-trust authorities.
The waiting period began on April 3, 1997 with the filing by ADT and Tyco
International, Ltd. of all required forms with respect to the ADT-Tyco
transaction.
ADT, through its subsidiaries, is the largest provider of electronic
security services in North America and the United Kingdom, providing
continuous monitoring of commercial and residential security systems to
over 1.8 million customers.
Contact:
ADT, Inc.
561-988-3600
Note:
This and other press releases are available through Company News On-Call by fax;
call 800-758-5804, extension 112511, or at http://www.prnewswire.com/
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