ADT Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
October 29, 2024
October 29, 2024
GLENDALE, California, Oct. 29 -- ADT Inc., a provider of security and automation solutions for homes and businesses, issued the following news on Oct. 28, 2024 :
ADT Inc. today announced a proposed secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares . . .
ADT Inc. today announced a proposed secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares . . .