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Reading: ADT to Buy Solar-Panel Installer for About $825 Million
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The Wall Street Publication > Blog > Markets > ADT to Buy Solar-Panel Installer for About $825 Million
Markets

ADT to Buy Solar-Panel Installer for About $825 Million

Last updated: November 9, 2021 11:00 am
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ADT to Buy Solar-Panel Installer for About 5 Million
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ADT Inc. has struck a deal to buy a top solar-panel-installation company in a push to offer more products and services to its residential customers, according to people familiar with the matter.

The home-security company is buying Sunpro Solar for about $825 million, including debt, using $160 million in cash and 77.8 million shares of ADT stock, the people said.

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