CBIZ Terminates 2024 Credit Facility Following Merger Completion
CBIZ terminated its amended and restated credit agreement with Bank of America and other lenders upon the closing of its merger.
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CBIZ Q3 Adj. EPS $1.21 Misses $1.29 Estimate, Sales $702.240M Miss $720.549M Estimate
CBIZ (NYSE:CBZ) reported quarterly earnings of $1.21 per share which missed the analyst consensus estimate of $1.29 by 6.2 percent. This is a 19.8 percent increase over earnings of $1.01 per share from the same period
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CBIZ Benefits & Insurance Services Launches as Independent Company
CBIZ Benefits & Insurance Services has launched as a standalone entity backed by New Mountain Capital, operating independently of CBIZ, Inc. and Grant Thornton Advisors.
Grant Thornton Advisors Completes Acquisition of CBIZ
Grant Thornton Advisors LLC has finalized its acquisition of CBIZ, Inc. in a transaction valued at $5 billion, creating a major U.S. professional services provider.
8-K filing — CBIZ, Inc. (CBZ)
Filed: 2026-11-02 AccNo: 0001193125-26-442819 Size: 254 KB Item 1.02: Termination of a Material Definitive Agreement Item 2.01: Completion of Acquisition or Disposition of Assets Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Item 3.03: Material Modifications to Rights of Security Holders Item 5.01: Changes in Control of Registrant Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 5.03: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
CBIZ Expects $15 Million in Additional Q3 Legal Expense
CBIZ, Inc. announced it expects to record a one-time legal expense of approximately $15 million, which will reduce its third-quarter net income by roughly $10.5 million after taxes.
CBIZ Identifies Additional One-Time Legal Expenses Of $15M; Additional Expense Will Not Affect Disclosed Adj Net Income, Adj Diluted EPS Or Adj EBITDA; Pending Acquisition By Affiliate Of Grant Thornton In U.S.; Expects Net Income Decrease Of $10.50M Net Of Tax