Platinum Protection`s Founders Consolidate Ownership Position; Purchase Interest from Jacobson Family | Reuters

Platinum Protections Founders Consolidate Ownership Position; Purchase Interest from Jacobson Family

Wendell A. Jacobson, Chairman of Platinum Protections Board of Managers, today announced that Patriot American, LLC, a Jacobson family entity, had sold their ownership interest in Platinum to Platinums four original founders. Platinum Protection is a nationwide residential home security provider based in American Fork, Utah.

The sale of all of our shares in Platinum will allow the company to grow and prosper while our family can further focus on our real estate i