A Lollapalooza For Huizenga

Nabbing ADT is a coup--and a boost for his used-car empire

It can't be easy to find a match made in heaven for a company with core businesses in such prosaic areas as waste, burglar alarms, and used cars. But with the $4.9 billion bid for ADT Ltd. on July 1, H. Wayne Huizenga, chairman and CEO of Republic Industries Inc., seems to have done it. The Huizenga team is already gloating. "I've done probably over 200 acquisitions," says Steven R. Berrard, president and CEO of Republic's AutoNation unit and former head of Blockbuster Entertainment Corp., "and this is probably the finest fit we've ever done."

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