ADT Shares Surge 33% Following $10 Per Share All-Cash Acquisition Offer
ADT (ADT) shares closed up 33.33% at $9.88 following the announcement that its board unanimously approved an all-cash buyout offer from private equity firm Thrive Holdings. The acquisition is priced at $10.00 per share, representing a roughly 50% premium over ADT's 30-day average trading price. The deal marks a transition for the home security provider from public to private markets, with the transaction expected to close in early 2027. The massive surge in trading volume—reaching 157.7 million shares—indicates strong market conviction that the buyout will proceed as planned. ADT will join Thrive Holdings' portfolio of over 75 businesses.
Topics: Home Security M&A Private Equity Buyout
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Part of the story ADT Announces Acquisition by Thrive Holdings for $10 Per Share (2 articles)