NYSE:BILLSoftware
What BILL Holdings (BILL)'s Activist Pressure and Paychex Partnership Mean for Shareholders
Earlier this month, Paychex, Inc. announced the launch of an integrated accounts payable solution powered by BILL Holdings, aiming to provide SMBs using Paychex Flex with automation of payroll, HR, and bill payments through one seamless platform.
This development coincides with heightened activist investor attention, as both Elliott Management and Starboard Value have recently taken significant stakes in BILL Holdings and are pushing for Board changes, signaling possible shifts in governance...