---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-322225"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2026-07-29T12:12:38+00:00"
generated_at: "2026-07-29T12:15:08.861069+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CBIZ to be acquired for $55.00 per share in cash; $5.2B financing committed

## Summary
- Merger consideration of $55.00 per share in cash; Board unanimously approved and recommends adoption.
- Go-shop period until Aug 27, 2026; termination fee $107.5M ($49.6M if go-shop/excluded party).
- Parent termination fee $198.4M; financing commitments of $5.2B from New Mountain Partners and others.
- Closing subject to stockholder vote, HSR clearance, no material adverse effect; expected by July 28, 2027.
- CIC severance plan adopted; NEOs eligible for retention/transaction bonuses (e.g., CEO $1.3M).

## SEC filing metadata
- accession: 0001193125-26-322225
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2026-07-29T12:12:38+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000119312526322225/0001193125-26-322225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000119312526322225/d174772d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-322225
- JSON: https://secwatch.observer/filing/0001193125-26-322225.json
- Plain text: https://secwatch.observer/filing/0001193125-26-322225.txt

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