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IS DAYFORCE $70.00 PER SHARE BUYOUT FAIR? Kaskela Law LLC is Actively Investigating the Shareholder Buyout and Encourages Investors to Promptly Contact the Firm to Protect Their Financial Interests
GlobeNewswire News Room· 2025-09-05 10:00
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Dayforce Inc. to assess the fairness of the transaction for the company's shareholders [1][3]. Group 1: Transaction Details - On August 21, 2025, Dayforce announced an agreement to be acquired by Thoma Bravo at a price of $70.00 per share in cash [2]. - Following the transaction's closing, investors will be cashed out and will not benefit from any future upside of the company [2]. Group 2: Investigation Findings - The investigation has revealed significant conflicts of interest in the transaction, suggesting that the sales process and consideration may be unfair to shareholders [3]. - At the time of the announcement, several stock analysts had price targets for Dayforce's shares exceeding $80.00 per share, indicating a potential undervaluation in the buyout offer [3].
DAY Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Dayforce to Thoma Bravo
GlobeNewswire News Room· 2025-08-26 17:43
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the sale of Dayforce Inc. to Thoma Bravo for $70.00 per share, which is below its 52-week high of $82.69, suggesting an opportunistic purchase [1][3]. Group 1: Sale Details - Dayforce announced on August 21, 2025, that it agreed to be sold to Thoma Bravo for $70.00 per share in cash [3]. - The sale price is significantly lower than Dayforce's 52-week high of $82.69 per share, indicating potential undervaluation [1][3]. Group 2: Investor Sentiment - At least one investor expressed disappointment regarding the sale price on SeekingAlpha, indicating a belief that the company could have fetched a higher multiple [1][3]. - The investigation aims to determine if the Dayforce Board of Directors acted in the best interests of shareholders and if all material information about the transaction was disclosed [3]. Group 3: Legal Representation - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct and has recovered substantial damages for investors [4]. - Shareholders questioning the fairness of the sale price are encouraged to contact Wohl & Fruchter LLP for legal advice at no charge [2].
DAYFORCE STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Dayforce (NYSE: DAY) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm
Prnewswire· 2025-08-25 20:05
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of Dayforce Inc. by Thoma Bravo at a price of $70.00 per share, amid concerns that shareholders may not be receiving adequate compensation for their shares [1][2][3]. Group 1: Buyout Details - On August 21, 2025, Dayforce announced its agreement to be acquired by private equity firm Thoma Bravo for $70.00 per share in cash [2]. - Following the transaction's closure, Dayforce shareholders will be cashed out and the company's shares will cease to be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to assess whether Dayforce investors are receiving sufficient monetary consideration for their shares [3]. - There are concerns regarding potential breaches of fiduciary duties or violations of securities laws by the company's officers and/or directors in agreeing to the buyout price [3]. - Analysts had set price targets for Dayforce's shares exceeding $80.00 per share at the time of the announcement, raising questions about the fairness of the buyout price [3].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DAY and NWE on Behalf of Shareholders
GlobeNewswire News Room· 2025-08-23 15:02
Group 1 - Halper Sadeh LLC is investigating Dayforce, Inc. for potential violations related to its sale to Thoma Bravo at $70.00 per share in cash [1] - NorthWestern Energy Group, Inc. is being investigated regarding its sale to Black Hills Corp. for 0.98 shares of Black Hills for each share of NorthWestern, resulting in NorthWestern shareholders owning approximately 44% of the combined company [2] - The firm may seek increased consideration for shareholders and additional disclosures concerning the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Dayforce, Inc.
Prnewswire· 2025-08-21 21:06
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations by Dayforce, Inc. and its board of directors regarding the proposed acquisition by Thoma Bravo, which values the transaction at approximately $12.3 billion [1]. Group 1: Acquisition Details - Dayforce, Inc. stockholders will receive $70.00 for each share they hold as part of the acquisition [1]. - The acquisition transaction is expected to close in early 2026 [1]. Group 2: Legal Investigation - Rowley Law PLLC is representing shareholders in the investigation concerning the acquisition [1]. - Additional information regarding the investigation can be obtained through Rowley Law PLLC's website or by contacting their office directly [2].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DAY and BKH on Behalf of Shareholders
Prnewswire· 2025-08-21 17:28
Group 1 - Halper Sadeh LLC is investigating Dayforce, Inc. for potential violations related to its sale to Thoma Bravo at $70.00 per share in cash [1] - Black Hills Corp. is merging with NorthWestern Energy Group, with Black Hills shareholders expected to own approximately 56% of the combined company post-transaction [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4]
Dayforce Enters into US$12.3 Billion Definitive Agreement with Thoma Bravo to Become a Private Company
Globenewswire· 2025-08-21 11:00
Core Viewpoint - Dayforce, a leader in human capital management technology, has agreed to be acquired by Thoma Bravo in an all-cash transaction valued at US$12.3 billion, providing stockholders with US$70 per share, a 32% premium over the unaffected share price prior to the announcement [1][2]. Company Overview - Dayforce is recognized for its commitment to improving work life and aims to enhance customer value and AI leadership in the HCM sector through this acquisition [3][4]. - The company operates a single AI-powered platform that supports various HR functions, benefiting thousands of customers and millions of employees globally [7]. Transaction Details - The acquisition is expected to close in early 2026, pending stockholder approval and regulatory clearances. Post-transaction, Dayforce will no longer be publicly traded [5]. - The transaction includes a significant minority investment from the Abu Dhabi Investment Authority [2]. Strategic Intent - Thoma Bravo aims to leverage Dayforce's differentiated platform and global scale to accelerate growth and innovation in the HCM market, particularly in the context of AI advancements [4][8]. - Dayforce's leadership believes the transaction will deliver immediate and substantial value to its stockholders while enhancing its operational capabilities [3]. Advisory and Financing - Evercore is the exclusive financial advisor for Dayforce, while Goldman Sachs & Co. LLC is providing financing for the transaction. Thoma Bravo is advised by J.P. Morgan Securities LLC [6].
Dayforce and Thoma Bravo Discussing Possible Acquisition
Globenewswire· 2025-08-20 11:00
Core Viewpoint - Dayforce, Inc. is in advanced discussions with Thoma Bravo regarding a potential acquisition at a price of US$70 per share [1] Company Overview - Dayforce is a global leader in human capital management (HCM) technology, focused on improving work life for customers and employees [4] - The company offers a single AI-powered platform for HR, Pay, Time, Talent, and Analytics, benefiting organizations of all sizes [4] Acquisition Details - The potential acquisition by Thoma Bravo is still under discussion, and there are no guarantees regarding the agreement or its terms [1][2] - Dayforce has stated it will not provide further comments on the acquisition discussions unless disclosure is deemed necessary [2]
异动盘点0819|知乎-W涨超16%,东方甄选涨近12%,爱奇艺美股大涨17.09%
贝塔投资智库· 2025-08-19 04:06
Group 1 - Midea Real Estate (03990) expects a profit increase to 350 million yuan for the first half of the year, driven by new business segments from asset distribution and development services [1] - Tongcheng Travel (00780) reported a 6.3% rise post-earnings, with adjusted net profit of 770 million yuan, exceeding expectations by 33% [1] - Country Garden (02007) shares rose over 4% following strong support for its offshore debt restructuring, with the coordination committee holding 49% of the total loan principal [1] - Kelun-Botai Biopharmaceutical (06990) saw a 4% increase in shares after reporting mid-year revenue of 950 million yuan, with efficient cash collection from receivables [1] Group 2 - Dongfang Zhenxuan (01797) shares surged nearly 12%, with a 300% increase since early July, despite a 30% year-on-year revenue decline in Q4 FY25 [2] - Zhihu-W (02390) shares rose over 16% ahead of its earnings announcement, with long-term funds increasing their holdings [2] - Jinyang New Energy (01121) shares increased nearly 1% as profitability for BC products is expected to improve with the ongoing recovery in the photovoltaic industry [2] - China Rare Earth Holdings (03788) shares jumped over 11% after announcing plans to spin off its gold business for a Hong Kong listing [2] Group 3 - Weimob Group (02013) shares rose over 7.5% ahead of its mid-term earnings report, with expectations of business recovery by 2025 due to improved consumer sentiment [3] Group 4 - iQIYI (IQ.US) shares surged 17.09% following the release of a new drama series, achieving significant viewership [4] - NIO (NIO.US) shares increased by 1.25% ahead of the launch of the new ES8 model and expansion into new markets [5] - Weibo (WB.US) shares rose 3.3% after exceeding earnings expectations, with revenue growth of 1.6% year-on-year [5] - Kingsoft Cloud (KC.US) shares increased by 5.38% as it prepares to release its earnings report, with expectations of revenue growth [5]
Software Stock Soars on Reported Buyout Interest
Schaeffers Investment Research· 2025-08-18 14:45
Group 1 - Dayforce Inc (NYSE:DAY) stock increased by 25.3%, trading at $66.24, following reports of private equity firm Thoma Bravo in talks to acquire the company, which is valued at $8.4 billion [1] - There is potential for a bidding war and other factors that could delay the deal [1] - The stock is trading at its highest level since February and is on track for its largest single-day percentage gain on record, breaking above the $60 level for the first time since March [2] Group 2 - Dayforce stock's short interest has increased by 24.2% in the last month, representing 4.8% of the stock's available float, which may be contributing to a short squeeze [2] - The stock's 14-day relative strength index (RSI) of 28 indicates it is in "oversold" territory, suggesting it was overdue for a short-term bounce [3] - Trading activity has significantly increased, with 2,032 calls and 1,772 puts exchanged, which is 18 times its average daily options volume [3]