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WDAY — Workday News Story

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Workday jumps after Reuters report on takeover interest from Silver Lake

BUZZ-Workday jumps after Reuters report on takeover interest from Silver Lake 

** Workday WDAY.O shares jump 25% to $220

** Silver Lake discusses potential acquisition of WDAY valued at about $43 billion, Reuters reports, citing people familiar with the matter

** The transaction would rank among the largest software-sector buyouts on record if completed

** Both companies have held discussions about a potential deal in recent months; talks are ongoing and there is no guarantee a deal will materialize, Reuters reports

** WDAY and Silver Lake did not immediately respond to requests for comment

** WDAY shares are down about 18% so far this year


(Reporting by Rashika Singh in Bengaluru)

((Rashika.Singh@thomsonreuters.com;))

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