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Keith Meister

One of ADT’s largest shareholders sells most of its stake

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Tuesday, November 26, 2013

The ADT Corp. reported yesterday that it was buying back 10.24 million of the shares of its third-largest shareholder, Corvex Management. Keith Meister, the hedge fund’s founder, who had been on ADT’s board since late 2012, also announced his resignation as director.

ADT appoints Meister to board of directors

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12/21/2012

BOCA RATON, Fla.—ADT recently announced the appointment of Keith Meister, the founder and managing partner of Corvex Management LP, to the company’s board of directors, according to a company statement.

ADT makes RMR forecast

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Tuesday, November 27, 2012

The ADT Corp., which just became independent in September, says its Pulse product is doing so well that it predicts that recurring revenue will grow by 4.9 percent to 5.2 percent in fiscal year 2013, the company said this week in a report on its Q4 and fiscal year 2012 results.