Date:	--/--/-- --:--:--
Event Id:	E5CZF45J5
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	PYCR
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	22.5
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20250107897736/en/

Action Notes

Paychex, Inc an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll today announced it has entered into a definitive agreement to acquire Paycor HCM, Inc a leading provider of HCM, payroll and talent software in an all-cash transaction for $22.50 per share, representing an enterprise value of approximately $4.1 billion. The definitive agreement has been unanimously approved by the Boards of Directors of both companies. Acquisition is expected to close in the first half of calendar 2025, subject to satisfaction of regulatory approvals and other customary closing conditions