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Workday Shares Jump on Report of Silver Lake Acquisition Talks

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Sig2.99Sen+4.39Env0.00Soc0.00Gov+0.18

Workday shares surged as much as 21% on Thursday and were briefly halted for volatility trading. A Reuters report said private equity firm Silver Lake is in talks to acquire the software company, with discussions ongoing but no deal guaranteed. The move has erased Workday’s year-to-date losses, with shares slightly up since the start of the year.

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