Grant Thornton to acquire CBIZ in an all-cash deal worth $5 billion

CBZ Cbiz Inc

$54.72 +0.05%

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1. 1Grant Thornton Advisors has signed a definitive agreement to acquire CBIZ (CBZ) at an enterprise value of $5 billion in an all-cash transaction.
2. 2The deal is priced at $55 per share, a roughly 54% premium over the 30-day volume-weighted average, and is expected to close in the fourth quarter of 2026.
3. 3Upon closing, the combined firm will become a top-five U.S. professional services firm with over $5 billion in annual revenue, marking the largest transaction in the industry in more than 25 years.

Source The Wall Street Journal +4 · View original ↗

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