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Paychex completes USD4.1bn acquisition of Paycor

Paychex Inc (NASDAQ: PAYX), a human capital management (HCM) company, announced on Monday that it has completed its all-cash acquisition of HCM, payroll and talent software provider Paycor HCM Inc (NASDAQ: PYCR) for USD22.50 per share, valuing the deal at approximately USD4.1bn.

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