USA 28-06-2002 Tyco to proceed with CIT Initial Public Stock Offering Tyco International Ltd. has decided against selling its lending division and will instead spin it off in an initial public stock offering next week. Bidders for Tyco’s CIT unit discussed… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here