ADT soars on $15.3 billion all-cash buyout by Thrive Holdings
+33.20% to $9.87 from $7.41
What moved ADT
- Thrive Holdings, a permanent-capital holding company, agreed to acquire ADT in an all-cash deal valuing it at about $7.6 billion in equity and $15.3 billion in enterprise value.
- ADT shareholders will receive $10.00 per share in cash, a 45.6% premium to the stock’s unaffected October 27 closing price.
- ADT shares rose roughly a third in midday trading on the announcement, among the day’s biggest gainers.
- The agreement includes a go-shop period running through November 28, 2026, which can be extended by 10 days for parties that submit competing proposals.
Sources: SEC filing (ADT 8-K) · CNBC