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DAYFORCE STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Dayforce (NYSE: DAY) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm
CeridianCeridian(US:DAY) 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].