ServiceMaster Global Holdings Inc., a leading provider of residential and commercial services, today announced that it successfully completed the spinoff of Frontdoor Inc., the parent company of its American Home Shield business, which is now an independent public company that began trading this morning on Nasdaq under the symbol “FTDR.” ServiceMaster shares will continue to trade on the NYSE under the symbol “SERV.” The spinoff enables ServiceMaster to focus on its transformation efforts and on delivering an array of residential and commercial services ranging from pest control and janitorial cleaning to restoration services, the company said in a release. The Memphis-based company has more than 8,000 owned, licensed and franchised locations across its seven brands, which operate in more than 22 countries.