Vivint Smart Home sold to Houston-based NRG Energy for $2.8 billion

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Provo-based Vivint Smart Home is being acquired by NRG Energy in a $2.8 billion deal that is expected to close at the end of the first quarter of 2023.

 

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Can we change the name back to Delta Center now?

Just so long as Todd doesn't spend the extra time on racing trucks. Enough children have died.

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NRG Energy to buy Vivint Smart Home for $2.8 billionThis is a big boomerang for the SPAC market. NLRG_it congrats on your acquisition Boooo. No mergers! Keep businesses smaller and separate. Enforce antitrust.
Source: axios - 🏆 302. / 63 Read more »

NRG Energy buying Vivint Smart Home in $5.2 billion dealNRG Energy Inc. undefined said Tuesday it will pay $12 a share or $2.8 billion in cash for Vivint Smart Home Inc. undefined and assume $2.4 billion of the...
Source: MarketWatch - 🏆 3. / 97 Read more »

NRG Energy to Buy Vivint Smart Home for $2.8 BillionNRG said it agreed to buy Vivint, which offers integrated home systems including security and lighting, in a deal that would accelerate its consumer-focused growth strategy Surveillance devices linked to the internet aka smart home security is one of the stupidest ideas out there. States like Texas are going to gain wealth, power, freedom, and security faster than most democrat run states like New York, all of New England, Michigan and so many other due to room for wind and plenty of Sun. More flaws in democrat strategy.
Source: WSJ - 🏆 98. / 63 Read more »

Vivint Smart Home to be sold for more than $5 billionThe 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. 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. Does the sale include their crooked salesmen? Perhaps now the Jazz can rename the Vivint SmartHome Arena. I like the ring of Qualtrics Colosseum.
Source: fox13 - 🏆 550. / 51 Read more »