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February 16, 2006
To Our Valued Business Partners:
As a highly valued Tyco Plastics & Adhesives customer, we want to inform you that Tyco International’s previously announced sale of its Plastics, Adhesives, and Ludlow Coated Products businesses to an affiliate of private investment firm Apollo Management, L.P., was completed on February 16, 2006. Apollo Management, founded in 1990, is among the most active and successful private investment firms in the United States in terms of both number of investment transactions completed and aggregate dollars invested.
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