Grant Thornton Advisors To Acquire Cbiz For $5 Billion In Transaction Supported By New Mountain Capital
CBZ•CBIZ to be acquired for $5 billion
July 29 (Reuters) - CBIZ Inc (CBZ.N):
- Grant Thornton Advisors to acquire CBIZ for $5 billion in transaction supported by New Mountain Capital.
- CBIZ shareholders to receive $55 per share in cash.
- CBIZ's benefits and insurance services segment to become an independent company backed by New Mountain Capital.
