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Paychex to buy rival Paycor in $4.1 billion deal to expand AI-driven HR products

By Yahoo! Finance   |   1 week ago
Paychex to buy rival Paycor in $4.1 billion deal to expand AI-driven HR products

Paychex is set to acquire Paycor HCM for $4.1 billion to enhance its AI capabilities and market position in HR management. The deal reflects a trend of consolidation in the industry. Paycor serves 50,000 businesses with cloud-based payroll software.

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