ADT to Buy Solar-Panel Installer Sunpro Solar for About $825 Million

ADT, known for its octagonal blue signs outside of customers’ homes, has faced competition from a number of new entrants.

ADT Inc. has struck a deal to buy a top solar-panel-installation company in a push to offer more products and services to its residential customers, the companies said.

The home-security company is buying Sunpro Solar for about $825 million, including debt, using $160 million in cash and 77.8 million shares of ADT stock.

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