Business & Finance · October 29, 2026
Josh Kushner’s Thrive to Buy ADT for $7.6 Billion
Thrive Holdings, an investment vehicle formed by Josh Kushner’s Thrive Capital, has reached an agreement to acquire home-security company ADT for $7.6 billion in cash. In a separate industry development, DoorDash has agreed to acquire grocery delivery rival Instacart in a deal valued at approximately $17 billion. The DoorDash-Instacart transaction aims to consolidate their market positions against large online retailers, with the deal expected to finalize between late 2027 and early 2028.
Read the original coverage
Josh Kushner’s Thrive to Buy ADT for $7.6 Billion
Read at Wall Street Journal ↗DoorDash to Buy Rival Instacart in $17 Billion Deal
Read at Bloomberg ↗- The Epoch TimesMainstream
DoorDash Agrees to Buy Instacart in $17 Billion Deal to Expand Grocery Delivery
Read at The Epoch Times ↗
Reported by multiple outlets
- Thrive Holdings is an investment vehicle formed by Josh Kushner’s Thrive Capital.
- ADT has agreed to be acquired for $7.6 billion in cash.
- DoorDash has agreed to buy Instacart in a deal valuing the company at $17 billion.
Reported by only some outlets
- The DoorDash acquisition includes a $65 per share price for Instacart.
- The $17 billion price for Instacart represents a 26 percent premium to the Oct. 22 closing price.
- DoorDash intends to retain Instacart's brand and technology.
- The DoorDash deal is expected to close near the end of next year or in the first half of 2028.
Industry-friendly coverage frames it as…
emphasize the strategic consolidation of delivery services to compete with national platforms and the growth of private equity involvement in the home-security market
Numbers that differ
- DoorDash-Instacart closing date: Bloomberg states the deal is expected to close near the end of next year; The Epoch Times reports the end of 2027 or first half of 2028.
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.