Thrive Holdings agrees to take ADT private in all-cash deal
ADT and Thrive Holdings put equity value at about $7.6 billion and expect a first-quarter 2027 close.
TLDR
Under the all-cash agreement announced Oct. 29, ADT shareholders would receive $10 per share, a 45.6% premium to the Oct. 27 closing price, the companies said. The proposed transaction values ADT’s equity at about $7.6 billion. Thrive intends to invest in ADT’s people and technology, but closing remains subject to shareholder and U.S. antitrust approval. The companies expect it in the first quarter of 2027.
Combined views
15.1K
9 Sources, first seen ago
