Grant Thornton to Acquire CBIZ in $5 Billion All-Cash Deal

Grant Thornton Advisors LLC agreed to acquire CBIZ, Inc. for $5 billion in cash, per a July 29 announcement from Chicago, Cleveland, and New York. The deal merges Grant Thornton's audit and advisory franchise with CBIZ's tax, benefits, and insurance brokerage platform. No per-share price, financing details, or closing timeline has been disclosed.