By Nate Wolf
Dayforce stock was rising Wednesday after the company confirmed reports that it was in talks to be acquired by private-equity firm Thoma Bravo.
The company, which sells human resources software, said the pair were engaged in advanced discussions over a buyout at $70 a share. Dayforce cautioned, however, that an agreement wasn't assured at this time.
Dayforce stock was up 3.9% to $68 in premarket trading Wednesday.
News of the talks with Thoma Bravo first broke Monday, sending Dayforce shares up 26%.
Thoma Bravo, which mainly focuses on software investments, had around $184 billion in assets under management as of March 31.
Write to Nate Wolf at nate.wolf@barrons.com
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(END) Dow Jones Newswires
August 20, 2025 07:53 ET (11:53 GMT)
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