Thrive Holdings to buy ADT in deal valuing residential security firm at $7.6 billion
ADT•ADT agreed to be acquired by Thrive Holdings in an all-cash deal valuing the company at about $7.6 billion. ADT shareholders will receive $10 per share upon completion.
1. Deal terms
ADT said it had agreed to be acquired by Thrive Holdings in an all-cash transaction that values the residential security company at about $7.6 billion. Shareholders will receive $10.00 in cash for each share they own when the deal is completed. ADT provides security monitoring, smart home automation and related services to residential and small business customers in the United States.
