View Adt Apollo Images. Apollo said it would pay $42 in cash for every adt share, valuing its equity at close to $7 billion, a apollo secured $1.6 billion in first lien term loans and $3.1 billion in new second lien financing for the. Apollo intends to merge adt with protection 1 and asg security, two other security companies that adt agreed to be acquired by apollo for $42 a share, or a 56 percent premium over adt's closing.
The keypad to an ADT home security alarm system is seen in ... from media.gettyimages.com Contribute to apolloauto/apollo development by creating an account on github. Private equity firm apollo global management has acquired adt (adt) for nearly $7 billion and will merge it with another home security company, protection 1. Adt adt, +0.87% will fold into apollo's protection 1 subsidiary, an adt competitor apollo apo, +0.02% bought last year in a move into the alarm monitoring services industry.
Adt, spun off from fire safety and security systems maker tyco.
Apollo said it would pay $42 in cash for every adt share, valuing its equity at close to $7 billion, a apollo secured $1.6 billion in first lien term loans and $3.1 billion in new second lien financing for the. Adt's ipo is no quick exit for apollo. Contribute to apolloauto/apollo development by creating an account on github. See more of apollo currency on facebook.
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