Browsing Tag
Josh Kushner
2 posts
ADT surges 33% on Thrive Holdings deal as $114m break fee shapes takeover prospects
Thrive Holdings has agreed to acquire ADT for $10 per share in a transaction worth $15.3 billion including debt, taking the home security provider private if approved. A 30-day search for competing bids, financing from Apollo affiliates and ADT's recurring-revenue economics create important questions about the final transaction value and the next phase of the business.
Los Angeles Lakers to be sold to Josh Kushner and Bob Iger for over $12bn
Josh Kushner and Bob Iger's $12.5 billion Lakers deal resets NBA franchise pricing just 10 months after Mark Walter's own record $10 billion purchase.