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Paychex to buy Paycor for $4.1B
Paychex Strikes $4.1 Billion Deal for Rival Payroll Firm Paycor
Paychex Inc. agreed to acquire rival payroll processor Paycor HCM Inc. for about $4.1 billion in cash, including debt.
Paycor finalizes deal to be acquired; here's how much Paychex will pay
CINCINNATI ( Cincinnati Business Courier) - Paycor HCM Inc., one of Greater Cincinnati’s largest publicly traded companies, has agreed to be acquired by rival Paychex Inc. in a deal valued at more than $4 billion.
Deal: Paychex to buy Paycor for $4.1B
Paychex, Inc. announced Tuesday it has reached a deal to acquire Norwood-based Paycor for $4.1 billion. Paycor, the Greater Cincinnati-based human resources software company whose name adorns the Bengals stadium, was first reported to be in "advanced talks” to be acquired by the Rochester, New York rival on Sunday by Bloomberg.
Paychex to buy rival Paycor in $4.1 billion deal to expand AI-driven HR products
Paychex said on Tuesday it will acquire payroll processing firm Paycor HCM for about $4.1 billion in cash, as the HR management firm looks to broaden its artificial intelligence capabilities and consolidate its market share.
Paychex Snaps Up Paycor: $4.1 Billion Deal To Strengthen AI-Driven HR Solutions
Paychex, Inc. (NASDAQ:PAYX) shares are trading higher on Tuesday after the company disclosed a deal to fully acquire Paycor HCM, Inc. (NASDAQ:PYCR) in an all-cash transaction representing an enterprise value of around $4.
Where will Bengals play? Will Paycor Stadium become Paychex Stadium?
On Tuesday, Rochester-based Paychex announced it would acquire the Norwood human resources software company in a deal expected to close in the first half of 2025. In 2022, Paycor inked a 16-year deal to affix its name to the stadium for an undisclosed sum. Recent regulatory filings indicate the contract was worth $67 million.
Paycor pays $4.16 million per year for Bengals stadium naming rights
After years of refusing to remove his father's name from the stadium in which his football team plays, Bengals owner Mike Brown accepted a check from Paycor, starting in 2022.
Benefits Pro
1d
Paychex acquires Paycor for $4.1B in AI-driven push
Paychex announced on Tuesday that will acquire payroll processing company Paycor HCM for about $4.1 billion in cash.
2d
Paychex Writes A Fat Check For Paycor HCM
Paychex's acquisition of Paycor HCM for $22.50 per share led to a 3% drop in Paycor stock. Check out my ratings on PAYX and ...
planadviser.com
2d
Paychex Acquisition of Paycor Will Expand Client Base
With the acquisition, Paychex’s total addressable market, or TAM, would increase by $10 billion to $100 billion, according to ...
2d
Paychex Stock Gets Technical Rating Upgrade
Rating upgraded from 70 to 75 Wednesday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
22h
on MSN
Paycor: We're committed to Bengals stadium name and Downtown offices
After the announcement that Paycor Corp. would acquired comes news that it's committed to its Downtown office and the stadium ...
3d
Paychex’s Acquisition of Paycor: Opportunities and Challenges Lead to Hold Rating
William Blair analyst Andrew Nicholas has maintained their neutral stance on PAYX stock, giving a Hold rating today.Stay Ahead of the ...
2d
BMO, Stifel analysts downgrade Paycor after $4.1bn sale to Paychex
Analysts at Stifel and BMO Capital Markets cut the stock rating of Paycor (NASDAQ:PYCR) HCM, in response to Paychex's (NASDAQ:PAYX) move to acquire the company for $22.50 per share. This acquisition ...
2d
Paychex Inc. stock outperforms competitors on strong trading day
Paychex Inc. closed $11.45 short of its 52-week high ($150.71), which the company reached on November 11th.
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