ADT Corp. is posting a record gain after Apollo Global Management agreed to buy the home-security monitoring company for $6.9 billion. The 56 percent premium over Friday’s closing price is bad news for short sellers who have been betting that ADT would continue falling after three straight years of declines. With 24 percent of ADT’s available shares borrowed, short interest in the company is more than six times the average of companies in the Standard & Poor’s 500 Index, according to data compiled by Markit Ltd.
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