Ascent Capital Group, Inc. Announces Management Changes
September 06, 2019 at 12:56 pm EDT
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Ascent Capital Group, Inc. announced that in connection with the consummation of the merger, all of the directors and executive officers, including the named executive officers, of Ascent resigned from their respective positions as directors and executive officers of Ascent, effective as of the merger effective time. The directors and executive officers of Ascent did not resign because of a disagreement with Ascent on any matter relating to Ascent’s operations, policies or practices.
Ascent Capital Group, Inc. is a holding company. The Company's subsidiaries include Monitronics International, Inc. (MONI) and LiveWatch Security, LLC (LiveWatch). The Company's segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers' premises, as well as providing customer service and technical support. LiveWatch is a do-it-yourself home security provider offering professionally monitored security services through a direct-to-consumer sales channel. LiveWatch offers a differentiated go-to-market strategy through direct response television, Internet and radio advertising. When a customer initiates the process to obtain monitoring services, LiveWatch pre-configures the alarm monitoring system based on customer specifications.
ASCENT CAPITAL GROUP, INC. 
