TruGreen spin-off on hold

January 2, 2014 -  By

The ServiceMaster Co. has delayed the spin-off of its TruGreen business, which was targeted to close Dec. 31. The company announced the temporary delay in a Securities and Exchange Commission filing earlier this week.

“ServiceMaster is committed to the planned separation and spin-off of the TruGreen business as being in the best interests of all of its businesses,” the company said in the filing.

A ServiceMaster spokesperson added the companies are “working through closing logistics.”

Updated: 1/2/14

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1 Comment on "TruGreen spin-off on hold"

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  1. David says:

    I worked for trugreen and they tried to do this and hasn’t succeed now in every way. As they w merge with more than 6 other companies and none of them have accomplished what they wanted. Based on there product and thought they want cheap product with low expectations