Terminix acquired by Rentokil
Rentokil will begin trading on the New York Stock Exchange under the ticker symbol “RTO.”
There are 12 article(s) tagged Brett Ponton:
Rentokil will begin trading on the New York Stock Exchange under the ticker symbol “RTO.”
The $6 billion acquisition is expected to close Wednesday, Oct. 12.
Almost six months after announcing it would be acquired by British company Rentokil for $6.7 billion, Memphis-based Terminix is disclosing potential risks associated with the deal, as well as possible golden parachute payouts for its top executive officers. Related story:
Recently filed SEC documents reveal that negotiations between Terminix and Rentokil Initial go back at least four years.
Terminix has entered into a definitive agreement to divest its pest management businesses in the U.K and Norway.
Terminix Global Holdings Inc., reported strong financial results for the first quarter of this year. The company is expecting continued growth in its revenues as the country recovers from the COVID-19 pandemic.
Terminix has named Robert “Bob” Riesbeck, former CEO of Pier 1 Imports, as its next chief financial officer, in a corporate leadership move that’s been brewing since early 2020.
Terminix made its first quarterly earnings report as pure-play pest control company on Thursday, Nov. 5.
Brett Ponton has led tire and muffler, transmission repair and quick oil change chains the last 11 years. ServiceMaster/Terminix is betting killing bugs is all about customer service, too.
ServiceMaster’s We Care Day has morphed into We Care Week because of COVID-19. The company will donate money to charities for each “Caring Step” logged by employees.
Terminix Global Holdings Inc. will be the official new name of the Memphis-based company previously known as ServiceMaster. The stock exchange ticker also will change to TMX.
ServiceMaster Global Holdings Inc. approves equity retention awards valued at $1 million apiece for the presidents of Terminix Residential and Terminix Commercial.
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