Grant Thornton, the US audit and consulting firm, agrees to acquire CBIZ in an all-cash transaction valued at about $5 billion, according to reports from Yahoo Finance and the Financial Times. Both outlets describe the deal as one of the largest transactions in the accounting sector in recent years, characterizing it as the sector’s biggest takeover in a generation. CBIZ, which is publicly listed, is the target of the acquisition, and the purchase price is presented as cash rather than stock. The reports indicate that Grant Thornton will acquire CBIZ outright, with the transaction structure designed to deliver a single cash consideration to CBIZ shareholders. The articles do not detail the timing of closing or the specific regulatory approvals required, but they describe the agreement as a major consolidation move in the professional services industry. Overall, the coverage is aligned on the core terms: the buyer is Grant Thornton, the target is CBIZ, and the transaction value is approximately $5 billion paid entirely in cash.