Rentokil to Buy Terminix: Dan Gordon’s Take on the $6.7 Billion Deal
PCO M&A Specialists
DECEMBER 15, 2021
By: Daniel S. Gordon, CPA Dec. 14 was a huge day for the pest control industry, as a watershed deal was announced. If it closes as expected next year, it will make Rentokil, the world’s largest pest control company, also the largest in North America, leaving Rollins (Orkin) as the only public pure-play pest control company. The deal calls for each Terminix shareholder to receive 1.069 shares of Rentokil’s ADR plus $11 of cash, valuing the deal at $55 per Terminix share, which is a 47 percent pre
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