A pair of Rollins Inc. shareholders are offering to sell $1 billion of the pest control company’s stock in a share sale.
Lor Inc. and Rollins Holding Co. are selling the shares for $56.50 to $57.50 each, according to people familiar with the matter. The share sale is being conducted overnight, the people said, asking not to be identified as the information isn’t public. The two vehicles are controlled by Gary Rollins, a billionaire and the company’s executive chairman emeritus, as well as a trust in the name of Randall Rollins, the former chairman who died in 2020, ...