ADT Inc. Announces Preliminary Results of its Tender Offer
BOCA RATON, Fla., Oct. 21, 2022 (GLOBE NEWSWIRE) — ADT Inc. (NYSE:ADT) announced today the preliminary results of its tender offer to purchase up to 133,333,333 shares of its common stock, including shares issuable upon conversion of shares of its Class B common stock, at a purchase price of $9.00 per share, in cash, less any applicable withholding taxes and without interest, representing an aggregate purchase price of $1.2 billion. The tender offer expired at 12:00 midnight, New York City time, at the end of the day on October 20, 2022.
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