CBIZ to be acquired by Grant Thornton in all-cash deal at $55 per share
Oct 19, 2026, 6:47 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Discovery of a $5.0B all-cash offer at $55/share creates a hard price target and potential premium to current price, improving downside protection on a deal-close scenario; however, the outcome hinges on regulatory clearance, financing, and whether there are any competing bids or deal amendments.
AI summary
What happened, with direct paths to the underlying reporting
CBIZ posted Q3 2026 revenue of $702M and net income of $47M, with GAAP EPS of $0.79 and adjusted EBITDA of $132M. For nine months, revenue was $2,233M and net income $219M. The company disclosed a definitive merger with Grant Thornton, backed by New Mountain Capital, valuing CBIZ at $5.0B and $55 per share, a potential catalyst for immediate revaluation pending closing.
Q3 2026 revenue $702M, up 1.2%; net income $47M, up 56.7%.
Nine months 2026 revenue $2,233M, up 0.8%; net income $219M, up 12.2%.
CBIZ announces definitive merger with Grant Thornton (backed by New Mountain) at $5.0B EV, $55/share all-cash.
How to read this signal
Transparent limits for an AI-generated research aid
StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.
Related signals
More source-backed signals connected by company or event
CBIZ will be acquired by Grant Thornton Advisor in an all-cash deal valued at $5 billion following a better-than-expected Q2. The transaction implies a premium to CBIZ's recent pr…
Activity across media, energy, and private markets shows ongoing deal-making, with Anthem Entertainment being sold for over $600 million and Shell divesting the BG Cyprus unit for…
CBIZ shares rose 736.88% over the last decade, indicating strong growth. Recent dip attributed to missed Q2 earnings, creating potential buying opportunities. Acquisition of Marcu…