Vivint Smart Home to be sold for more than $5 billion

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The total transaction value of the sale is $5.2 billion, which is comprised of $2.8 billion in cash and the assumption of $2.4 billion in debt.

The total transaction value of the sale is $5.2 billion, NRG reported, which is comprised of $2.8 billion in cash and the assumption of $2.4 billion in debt.

"Upon completion of the transaction, NRG intends to maintain a significant presence in Utah," a press release from NRG Energy reads.

 

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Garbage company

Perhaps now the Jazz can rename the Vivint SmartHome Arena. I like the ring of Qualtrics Colosseum.

Does the sale include their crooked salesmen?

JamesGunn put the company in his Guardians of the Galaxy holiday special, and now they're getting bought. Everything that man touches turns to gold.

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