OpenAI-backed Thrive Holdings agrees to buy ADT for $10 a share in a $15.3 billion all-cash deal

ADT says the price is a 45.6% premium to its 27 October close and values it at about $7.6 billion in equity and $15.3 billion in enterprise value; TechCrunch describes Thrive Holdings as OpenAI-backed, and the deal needs shareholder and antitrust approval.