Vivint, Stock Down 63%, Is For Sale
Nearly 10 years ago, Blackstone acquired Vivint. Now, with Vivint's various challenges, including the stock down 63% and the founder exiting in the past year, Vivint is reportedly for sale, at a far lower price.
Inside this note, we examine the positives and negatives of a Vivint sale.
Sale *******
*** ****** **** ******* *** ************* ** ** ************, **** ******** **** ** ***** on * ***-****** ****** ****** **** Vivint ** ********* ******** **** ******* equity ********* ** **** ****** *******.
******* **** ***** ** ******** ******* depends ** ***** ********, ***** ** made **** *********** ** ******* ****** conditions *** ******'* **********.
Legal ******
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** ******* ** ** ****** **** some ********** ************** ********, *.*., **** year **********'* ***** ***** ******* *** **********, *** ********* ****** *** ********:
******* ** **** *******shall ******** ** ****** *** ********* **** *************, *********** ** ****** * ********* with any U.S. federal, state or local governmental or law enforcement branch, agency or entity (collectively, a “Governmental Entity”) with ******* ** ******** ********** ** *** *.*. *******, ***** ** ***** *** ** **********, or otherwise making disclosures to any Governmental Entity
***** **** ** ******* ** ****** Vivint **********, **** ** ********* ********* atypical.
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******'* *** *** ********* ***** ******, ******* **** "***** ******* *** a *** *** ******."
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*******, ******'* *****-**-***** ***** ** ************* lower **** ***'*:
**** ********* **** *** ****** ** P/E ****** *** *** **********.
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********** ******** ********* '" ** ****** ** $*.* billion" ** ****. *** ****** * decade *****, ****** ** ******* ***** $1 *******.
**** ******** * **%+ ******* ** the **** ****:
*******, ****** *** **** ******, ** least ** ************ $*.* ******* **** ** ****.
*******
***** ******'* **** *********** ******** ** large-scale **** ******** *******, ********* ***** its ************* *** ****. ***, ******* government ****** ** ***** ****** *** reduce ******'* ************* ** **** ******** by ******** *** **** ** ************ but *********** ********** ******* **** ****** uses. ********, *** ***** ** *** and *** **** ** ********* **** the **** ****** ***** *********** **** Simplisafe *** *** ** *** ******* growing ******* ** *** ****** ***** ADT, ******, *** ****** ******* ** an ************ *********** ******.
** ******* **** ****** *** ****** for ******, ****** * *****, ** its ******** ******, ***** ********* ** found.
**** **** ** *** *** **** “Solutions” **** *** **** ** *** customers *** ********* *** *****.
**** ** **** ****. *** *********** robots ***** ***** ******** ** *****. It ***** ************** ******** *********** ***** and ******** ***** ***** *** ******.
********** ****** ******** ****** ****** ******* before ******* *** * *****. *** too **** "**********" *** ** ****** that ***** **** *** ****** *******.
*** * ***'* **** **** ***** technology ******* *******.
*** ** * ***** ****** ** Telus *************. **** **** ********* *** also ******* **** ** **-***** *********.
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******'* ** ********'* **** *** *** mention *** ******** **** *** *** any ******* *** ***** **.
******'* ***** ** ** ~**% ** the **** * ***** *** ** results **** ********** ******** ** ******** and ********* *********.
*** *&* ****** ** ****** ****** right ***. ******* ****** **** ***** and *********** *** ***'* **** * pretty ****** ********. **** * *****'* Cube **** **** ****-********.