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The preliminary results of a special meeting held on Wednesday showed that about 88.4% of votes were in favor of the Thoma Bravo deal. Sign up here. The software sector has emerged as an investment target due to resilient subscription services and recurring revenue in an economy weighed down by a deteriorating labor market, trade tariffs and erratic spending. Thoma Bravo had agreed to buy Dayforce in August to strengthen its software portfolio as the private equity firm bets on recurring revenue business models to weather an uncertain economic environment. The deal is expected to close late this year or early 2026. Dayforce shareholders will receive $70 per share in cash, under the terms of the merger. Reporting by Juby Babu in Mexico City; Editing by Shailesh Kuber
