16-09-2017 01:43 via deseretnews.com

Vivint owner puts company on the auction block

SALT LAKE CITY — Owners of Provo-born Vivint Smart Home are putting the company on the auction block, taking a dual-track approach that could lead to the company being sold outright or taken public in an IPO effort.The news was first reported by the Wall Street Journal on Monday.New York City-based Blackstone Group, one of the largest private equity firms in the world with over $370 billion in assets under management, paid $2 billion for Vivint in 2012. Sources told the Journal that the co
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