We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Armed – away

4 August 2020 By Richard Beales

ADT is selling the Alphabet unit a 7% stake for $450 mln. The news sent the Apollo-controlled alarm-service outfit’s value up $4 bln or 60%. That’s a big response to an initial deal to fold Nest devices into its lineup. It may reflect new options for ADT’s corporate future.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)