07:17 AM EDT, 08/21/2025 (MT Newswires) -- Dayforce ( DAY ) said Thursday it has agreed to be taken private by software investment firm Thoma Bravo in an all-cash deal valued at $12.3 billion.
Under the deal, the company said its shareholders will receive $70 per share, a 32% premium over the stock's last closing price before news of the deal emerged on Aug. 15.
The company said the deal, expected to close in early 2026, includes a minority investment from a subsidiary of the Abu Dhabi Investment Authority.
Following the transaction, Dayforce ( DAY ) said it will no longer be publicly traded but will continue operating under its current name and brand.
Shares of Dayforce ( DAY ) added more than 1% in recent premarket activity Thursday.
Price: 68.39, Change: +0.96, Percent Change: +1.42