ADT to be Acquired by Thrive Holdings in $15.3 Billion Transaction
Source: The Manila times
Published on: 2026-10-29 13:30
* ADT stockholders will receive $10.00 per share in cash, representing a 45.6% premium to ADT's unaffected closing share price of $6.87 on October 27, 2026. * The transaction brings together ADT's security expertise, technology and nationwide network of professionals with Thrive Holdings' long-term capital and engineering capabilities. * Upon completion of the transaction, ADT will become a privately held company. * Thrive Holdings' permanent capital structure can support sustained investment in ADT's products, technologies, capabilities and people over a long-term horizon. * Thrive Holdings will uphold ADT's longstanding commitment to protecting customer data, and ADT's data protection and privacy policies will remain unchanged. BOCA RATON, Fla. and NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) ("ADT" or the "Company"), a leading provider of security, interactive ...
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