While the HR Tech Guideline was last valued at $1.15 billion, the sale will likely yield a profit for most investors.
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Sources: Gusto paid $600M to acquire Guideline, plans to divest customers linked to rivals
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This acquisition is an interesting move in the HR tech space. It will be intriguing to see how this impacts both Gusto and Guideline moving forward. Looking forward to seeing how this unfolds!
plays out in terms of market dynamics. With Gusto focusing on divesting rival-linked customers, it could reshape competitive strategies in the industry. It will be fascinating to see how both companies adapt post-acquisition!