We are investigating the fairness of the sale of Dayforce Inc. (NYSE: DAY) (“Dayforce”) for $70.00 per share in cash to Thoma Bravo.
The sale price is below Dayforce’s 52-week high of $82.69 per share, which indicates an opportunistic purchase.
Additionally, as further detailed below, at least one investor has expressed disappointment in the sale price on SeekingAlpha.
If you remain a Dayforce shareholder and question the fairness of the price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Why is there an investigation?
On August 21, 2025, Dayforce announced that it had agreed to be sold to Thoma Bravo for $70.00 per share in cash.
The sale price is below Dayforce’s 52-week high of $82.69 per share, which indicates an opportunistic purchase.
Additionally, one investor wrote on SeekingAlpha: “Disappointed with the purchase price. Thought this one had a higher multiple.”
“We are investigating whether the Dayforce Board of Directors acted in the best interests of Dayforce shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the price agreed upon is fair to Dayforce shareholders, and whether all material information regarding the transaction has been fully disclosed.”