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February 23, 1999 | KURT STREETER, TIMES STAFF WRITER
Pinkerton's Inc., the storied but troubled security company whose agents once guarded Abraham Lincoln and hunted down such notorious outlaws as Butch Cassidy and Jesse James, said Monday that it has agreed to be acquired by Swedish concern Securitas for $384 million to form the world's biggest security services firm. Westlake Village-based Pinkerton's would become a subsidiary of Securitas. Both companies would operate under their present names.
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BUSINESS
February 23, 1999 | KURT STREETER, TIMES STAFF WRITER
Pinkerton's Inc., the storied but troubled security company whose agents once guarded Abraham Lincoln and hunted down such notorious outlaws as Butch Cassidy and Jesse James, said Monday that it has agreed to be acquired by Swedish concern Securitas for $384 million to form the world's biggest security services firm. Westlake Village-based Pinkerton's would become a subsidiary of Securitas. Both companies would operate under their present names.
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