Paycor Shares Jump Following Report Paychex Close to Acquisition

Dow Jones

01-07

By Denny Jacob

Paycor HCM shares jumped 23% following a report that it was close to being acquired by Paychex.

Shares recently were trading around $22.74. The stock is on pace for its highest close since Oct. 24 and its largest percentage increase on record.

Bloomberg reported that Paychex is in advanced talks to acquire Paycor, citing people with knowledge of the matter. The report also noted a deal may be announced as soon as this week, though nothing has been finalized and talks could still fall through.

Paychex shares edged down 1.9% to $137.06.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

January 06, 2025 11:02 ET (16:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock is on pace for its highest close since Oct. 24 and its largest percentage increase on record. \n</p>\n<p>\n  Bloomberg reported that Paychex is in advanced talks to acquire Paycor, citing people with knowledge of the matter. The report also noted a deal may be announced as soon as this week, though nothing has been finalized and talks could still fall through. \n</p>\n<p>\n  Paychex shares edged down 1.9% to $137.06. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 06, 2025 11:02 ET (16:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4130","symbol_name":"人力資源與就業服務","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501622251","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501622251","pubTimestamp":1736179320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Paycor HCM shares jumped 23% following a report that it was close to being acquired by Paychex.Shares recently were trading around $22.74. 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The stock is on pace for its highest close since Oct. 24 and its largest percentage increase on record. \n\n\n  Bloomberg reported that Paychex is in advanced talks to acquire Paycor, citing people with knowledge of the matter. The report also noted a deal may be announced as soon as this week, though nothing has been finalized and talks could still fall through. \n\n\n  Paychex shares edged down 1.9% to $137.06. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 06, 2025 11:02 ET (16:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}