Grant Thornton To Acquire CBIZ In $5B Deal; CBIZ Shareholders To Receive $55.00 Per Share In Cash
Largest transaction of its kind in more than 25 years; creates the fifth largest professional services, tax and advisory provider in the U.S.New Mountain Capital makes new equity investment to enable the
A big accounting company (Grant Thornton) is buying another accounting company (CBIZ) for $5 billion, which means CBIZ owners are getting paid $55 per share. This is the biggest deal like this in 25 years, and it shows how companies combine to get bigger and serve more customers.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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