NYSE:CBZProfessional Services
CBIZ (CBZ) Stock Looks Fairly Priced Following The $5 Billion Cash Deal
CBIZ stock has surged in recent weeks and now trades very close to the US$55 per share price implied in Grant Thornton Advisors' agreed all cash acquisition, while the company's broader valuation checks still suggest the shares lean cheap rather than stretched.
Over the past 5 years CBIZ has delivered a total return of about 70%, which points to meaningful long term value creation for shareholders compared to shorter term swings.
The proposed US$5b all cash takeover by Grant Thornton...