Dayforce stockholders approve takeover by Thoma Bravo

Dayforce (DAY) announced that its stockholders approved its acquisition by Thoma Bravo today at a special meeting of stockholders. Preliminary results showed that 88.4% of votes cast, representing 78.8% of the voting power of Dayforce’s outstanding voting stock as of the record date, voted in favor of the approval of the acquisition. The transaction is expected to close in late 2025 or early 2026. Under the terms of the merger agreement with Thoma Bravo, Dayforce stockholders will receive $70.00 per share in cash.