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00:02Workday shares surged nearly 18% Thursday for their best day since 2016 after Reuters reported
00:08that private equity firm Silver Lake is in talks to acquire the human resources software maker,
00:14according to CNBC. The stock was halted multiple times in late trading and Workday closed with a
00:19market value of nearly $51 billion, according to Reuters. Workday and Silver Lake did not
00:25immediately comment on the acquisition report. AI disruption concerns have weighed on Workday
00:30shares, though a potential acquisition could signal renewed investor interest in software.
00:35Workday shares have rebounded from a recent sell-off, but remain down 7% year over year.
00:40For all things money, visit Benzinga.com.
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