LAWRENCE, Kan.-Three days after the largest security company (ADT) announced it was buying the second-largest alarm company (Broadview Security), Protection One, the third largest alarm company, announced it is exploring its strategic alternatives, including a sale of the company.
"The financial markets are much stronger now than they were a year or so ago. Our company is performing well, and our balance sheet is in great shape," Richard Ginsburg, Protection One CEO told Security Systems News. "We think it's an opportune time to explore these alternatives and to maximize value for shareholders."