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October 29th, 2026 at 8:09 PMOpenAI-Backed Thrive Holdings to Acquire ADT in $15.3B All-Cash Deal
ADT Inc. and Thrive Holdings announced a definitive agreement on October 29, 2026, under which Thrive Holdings will acquire the security and smart home provider in an all-cash transaction. ADT is valued at approximately $7.6 billion in equity value and $15.3 billion in enterprise value under the agreement. ADT stockholders will receive $10.00 per share in cash when the transaction completes, and ADT's Board of Directors unanimously approved the agreement. According to the companies, the…
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Canonical link: https://www.unite.ai/openai-backed-thrive-holdings-to-acquire-adt-in-15-3b-all-cash-deal/