CBIZ Entered Into A Definitive Agreement To Acquire The Non-attest Business Of Marcum In A Cash-and-stock Transaction Is Valued At Approximately $2.3B
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CBIZ has entered into a definitive agreement to acquire the non-attest business of Marcum in a cash-and-stock transaction valued at approximately $2.3 billion.
July 31, 2024 | 11:07 am
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CBIZ has announced a definitive agreement to acquire the non-attest business of Marcum for approximately $2.3 billion in a cash-and-stock transaction. This acquisition is expected to expand CBIZ's service offerings and market reach.
The acquisition of Marcum's non-attest business is a significant move for CBIZ, likely to enhance its service portfolio and market presence. The $2.3 billion deal indicates a substantial investment, which could positively impact CBIZ's stock price in the short term as investors react to the potential growth and expansion.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100