Thrive Holdings to Buy ADT in Deal Valuing Firm at $7.6 Billion
Thrive Holdings agreed to buy ADT in a deal valuing the residential security firm at $7.6 billion.
Story updates
01:44:35 PM UTC
SquawkNews
Residential security company ADT NYSE:ADT said on Thursday it had agreed to be acquired by Thrive Holdings in an all-cash deal that values the company at about $7.6 billion.Under the terms of the agreement, ADT shareholders will receive $10.00 in cash for each share they own upon completion of the…