Why is ADT/Apollo rushing to the exits via IPO?
Announced in November, Filed in December, Begin trading January 19.
Maybe before full disclosure is required, exposing collapse of a basic alarm industry business model,
~~ including law enforcement pulling out of historic public/private partnerships;
~~ including false alarm fines/ fees becoming the responsibility of monitoring firms, like ADT, vs the customer;
~~ including some customer contracts un-enforceable due to non-disclosure;
~~ including a wave of adverse publicity (full disclosure) via social media, followed by higher attrition;
Can you add to the list…
Source; Lee Jones; Support Services Group; leessg@att.net