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09 November
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Security company ADT enters solar installation business with Sunpro acquisition

admin   |   Solar, solar industry

Home and business security provider ADT Inc. announced today an agreement to acquire Sunpro Solar for $160 million in cash plus approximately 77.8 million shares of ADT common stock, implying a total enterprise value of approximately $825 million, subject to certain adjustments. ADT will rebrand Sunpro to ADT Solar and enter the rooftop solar business…

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