m_and_a
confidence high
sentiment positive
materiality 0.98
Dayforce to be acquired by Thoma Bravo for $70/share in $12.3B all-cash deal
Dayforce, Inc.
- Stockholders receive $70.00 per share cash, a 32% premium to the unaffected close on Aug 15, 2025.
- Enterprise value of $12.3 billion; expected closing in early 2026, subject to stockholder and regulatory approvals.
- Minority investment from Abu Dhabi Investment Authority (ADIA); no financing condition.
- Reverse termination fee of $702M payable by Parent under certain conditions; Company termination fee $351M.
- Dayforce will become private; common stock will no longer be listed on NYSE or TSX.
item 1.01item 7.01item 9.01