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.
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.
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.
Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
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.
Report: Paycor in talks to be acquired by rival Paychex
Paycor, a Norwood-based human resources software company, is in talks to be acquired by a larger New York rival, according to Bloomberg.
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 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 PYCR stocks.
Paychex to buy payroll firm Paycor in $4.1 billion deal
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.
Revealed: Here's how much Paycor paid for Bengals' stadium naming rights
When the Bengals first announced the 16-year deal in 2022, it refused to say how much it got. But recent Paycor disclosures reveal the cost.
How to Invest in Paycor Stock (PYCR)
Paycor is a leading cloud-based human capital management company. Here's what investors need to know before putting cash to ...
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 HCM downgraded to Market Perform from Outperform at JMP Securities
JMP Securities downgraded Paycor HCM (PYCR) to Market Perform from Outperform without a price target after Paychex (PAYX) confirmed its ...
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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 ...
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 ...
Experts: Paycor Stadium name change likely if company is acquired
Bloomberg reported Sunday that Rochester-based Paychex was “in advanced talks” to acquire the Norwood human resources ...
Officials mum on Paycor's move Downtown after acquisition.
Paycor said last May that it would move into office space Downtown inside the former Saks building, which is being ...
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Paychex to Buy Paycor HCM For $4.1 Billion in Bid to Expand Upmarket, Advance AI Capabilities
Paychex (PAYX) struck a deal to buy Paycor HCM (PYCR) in a $4.1 billion deal that will help the human resources and payroll solutions provider expand upmarket and boost its artificial intelligence ...