State Farm plans to invest $1.2B in ADT for a ~15% stake and up to $300M more for product and tech innovation; Google pledges up to $150M more for new products (Miriam Gottfried/Wall Street Journal)

Miriam Gottfried / Wall Street Journal: State Farm plans to invest $1.2B in ADT for a ~15% stake and up to $300M more for product and tech innovation; Google pledges up to $150M more for new products  —  Insurer to buy 15% of ADT and make product investment of up to $300 million  —  ADT Inc. ADT 16.37%▲ …

Sep 7, 2022 - 08:19
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State Farm plans to invest $1.2B in ADT for a ~15% stake and up to $300M more for product and tech innovation; Google pledges up to $150M more for new products (Miriam Gottfried/Wall Street Journal)

Miriam Gottfried / Wall Street Journal:
State Farm plans to invest $1.2B in ADT for a ~15% stake and up to $300M more for product and tech innovation; Google pledges up to $150M more for new products  —  Insurer to buy 15% of ADT and make product investment of up to $300 million  —  ADT Inc. ADT 16.37%▲ …