Ascent Capital Group to merge with Monitronics International.

Ascent Capital Group agreed to merge with Monitronics International, a provider of security alarm monitoring and related services, in a $23m deal. “The restructuring announced today will give our Company the strongest balance sheet in our industry and, in doing so, will make us an even stronger competitor and partner. With the support of our largest creditors now solidly behind us, we look forward to efficiently and definitively completing this debt restructuring, so we may realize our full potential for long-term growth and success.” Jeffery Gardner, President and Chief Executive Officer of Monitronics.