---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-002608"
form_type: "8-K"
ticker: "PAYX"
cik: "0000723531"
company_name: "PAYCHEX INC"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:51:05.491880+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950103-25-002608
- form_type: 8-K
- ticker: PAYX
- cik: 0000723531
- company_name: PAYCHEX INC
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723531/000095010325002608/0000950103-25-002608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723531/000095010325002608/dp225458_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-002608
- JSON: https://secwatch.observer/filing/0000950103-25-002608.json
- Plain text: https://secwatch.observer/filing/0000950103-25-002608.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.