Trinet group, inc. announces intention to launch a combined $1 billion fixed price tender offer and repurchase from atairos, each at a price of $107 per share of common stock

Dublin, calif. , july 31, 2023 /prnewswire/ -- trinet group, inc. (nyse: tnet), a leading provider of comprehensive and flexible human capital management (hcm) solutions for small and medium-size businesses (smbs), today announced its plan to launch a fixed price tender offer (the "tender offer") to repurchase approximately $640 million in value of shares of trinet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on august 1, 2023.
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