Thrive Holdings to buy ADT Security for $15.3 billion in cash

[The Information] Thrive Holdings, an AI-focused investment firm founded by OpenAI backer Thrive Capital, said Thursday it plans to acquire 152-year-old home security company ADT in an all-cash deal that values ADT's equity at about $7.6 billion. ADT shares jumped 34% on the announcement, according to The Information. Apollo Global was not further detailed in the summary.