AlliedBarton, Universal Services of America to Merge as AlliedUniversal
Universal Services CEO Steve Jones will take over as CEO of the new security company.
Universal Services CEO Steve Jones will take over as CEO of the new security company.
The guarding services provider, with more than 3,300 clients, sells to a French investment firm for $1.67 billion.
The news agency reports Blackstone could fetch $1.5 billion for AlliedBarton, which it acquired in 2008 for approximately $750 million.
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