ServiceMaster Completes Spin-off of Frontdoor
SERVICEMASTER GLOBAL HOLDINGS (SERV)
Last servicemaster global holdings earnings: 2/27 07:00 am
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US:NASDAQ Investor Relations:
investors.servicemaster.com
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Source: Business Wire
MEMPHIS, Tenn.--(BUSINESS WIRE)-- ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential residential and commercial services, today announced that it successfully completed the spin-off of frontdoor, inc., (“Frontdoor”), the parent company of its American Home Shield business, which is now an independent public company that will begin “regular way” trading this morning on Nasdaq under the symbol “FTDR.” ServiceMaster shares will continue to trade on the NYSE under the symbol “SERV.” The spin-off enables ServiceMaster to focus on its transformation efforts and on delivering an array of residential and commercial services ranging from pest control and janitorial cleaning to restoration services, through more than 8,000 owned, licensed, and franchised locations across its seven brands, which operate in more than 22 countries. “Today’s announcement is a major milestone for
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