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On The Editor's Desk

The 'New ADT' is here

May 4, 2016Martha Entwistle

The "New ADT" is here. As of May 2, the Protection 1/ADT deal is closed, and ADT is no longer trading on the New York Stock Exchange. The deal, initially announced in February, was the third major security investment for Apollo Global, which announced it would buy ADT for $6.9 billion and merge it with Protection 1. I tried to get a call scheduled with Tim Whall who is the CEO of the combined company or someone else at “The New ADT,” but have not heard back yet. The...

ADT, Apollo Global, Koch Brothers, Protection One

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