Paychex clears HSR waiting period for Paycor acquisition; H1 2025 close expected

PAYCHEX INC

HSR waiting period expired on February 21, 2025, satisfying a major condition for the Paycor acquisition.
Transaction expected to close within the first half of calendar year 2025.
Other customary closing conditions remain; no change in deal terms disclosed.
Acquisition of Paycor HCM (PYCR) by Paychex (PAYX) announced January 7, 2025.

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