Paychex Engaged in Acquisition Talks with Paycor

Reported 2 days ago

Paychex Inc. is reportedly in advanced negotiations to acquire rival Paycor HCM Inc., specializing in payroll processing. An announcement could be made this week, but details remain unconfirmed and the talks may dissolve. The acquisition, if completed, would unite two significant players in the fragmented human-resources software market, allowing for cost efficiencies and enhanced service offerings.

Source: YAHOO

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