KM Financial Solutions | Blackstone-backed home automation company to merge with SoftBank unit
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Blackstone-backed home automation company to merge with SoftBank unit

Blackstone-backed home automation company to merge with SoftBank unit

Vivint Smart Home Inc, a home automation
company backed by Blackstone Group, on Monday agreed to
merge with a company funded by a unit of Japan’s SoftBank Corp
to create a firm with an enterprise value of $5.6
billion.

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