Shares of ADT Inc. climbed 15.7% in premarket trading Tuesday after the home-security company confirmed that it has secured about $1.65 billion in new investments from insurer State Farm and Alphabet Inc.'s Google to boost product innovation, marketing and customers. The Wall Street Journal had earlier reported about the new investments by State Farm and Google. The investments include $1.2 billion by State Farm to buy about a 15% stake in ADT. And State Farm will commit up to $300 million to fu Read More...
Shares of ADT Inc. climbed 15.7% in premarket trading Tuesday after the home-security company confirmed that it has secured about $1.65 billion in new investments from insurer State Farm and Alphabet Inc.’s Google to boost product innovation, marketing and customers. The Wall Street Journal had earlier reported about the new investments by State Farm and Google. The investments include $1.2 billion by State Farm to buy about a 15% stake in ADT. And State Farm will commit up to $300 million to fu
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