Dayforce rises on advanced talks for $11 bln deal with Thoma Brava

Dayforce

20/08/2025 12:37

** Shares of Dayforce DAY.N rise premarket after co in advanced talks for $11 billion acquisition by private equity firm Thoma Brava

** HR software provider up 2.8% at $67.44

** Proposed deal would be for $70 per share, a premium of 32.4% based on stock's closing price on August 15 when talks were first reported

** As of last close, DAY down almost 10% YTD

 (Reporting by Twesha Dikshit)

 ((Twesha.Dikshit@thomsonreuters.com))