Acquisition BenefitsThe announced acquisition by PAYX includes a 19% premium over Paycor's 30-day average share price, indicating a favorable purchase price for shareholders.
Cost SynergiesPAYX expects significant cost synergies exceeding $80 million in the near term, which should enhance operational efficiencies post-acquisition.
Stock PerformancePaycor's stock has increased 19% year-to-date and 14% over the last 12 months, outperforming the Russell 3000 index in the same periods.