Mosaic will take on the Vivint name after the deal closure.
In addition to the previously disclosed $125 million investment in Vivint, the amendment to agreement will also see Fortress Investment Group LLC investing up to $50 million in Vivint, the companies said in a joint statement on Wednesday. Blackstone, along with other existing investors of Vivint will own about 55% percent of the company following the merger, the companies said.
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