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36Kr · AI·· 15 days ago65

Thrive Holdings acquired ADT, with OpenAI as the partner and investor in the transaction.

Brief overview

Thrive Holdings acquired ADT for $10 per share, valuing the equity transaction at approximately $7.6 billion, with the company's total value reaching $15.3 billion. Thrive Holdings is a holding company split from Thrive Capital, a subsidiary of Josh Kushner, with OpenAI as a partner and investor in the company.

Source: 36Kr · AI · 36kr.com