CBIZ, Inc. has officially announced the removal of its common stock from the New York Stock Exchange (NYSE) following its merger with Viking MergerCo, Inc. This merger, effective November 2, 2026, signifies a notable change in the company’s operational structure and its presence in the market.

The removal of CBIZ’s stock from the NYSE is significant as it reflects the ongoing consolidation in the business services industry, classified under SIC 7389. This move may influence how other companies in the sector approach mergers and acquisitions in the future.

Background

CBIZ, Inc., incorporated in Delaware, operates in the business services sector and is classified under the SIC code 7389, which stands for Services-Business Services, NEC. The company trades under the ticker symbol CBZ on the NYSE. Recent filings include a Form 8-K filed on November 2, 2026, and a Form 10-Q filed just days prior on October 30, 2026.

What the Filing Says

According to the filing, the New York Stock Exchange notified the SEC of its intention to remove CBIZ's common stock from listing and registration at the opening of business on November 13, 2026. The filing states, “Each share of Common Stock of CBIZ, Inc. was converted into USD 55.00 in cash, without interest, less any applicable fee and tax.” This change was initiated due to the merger with Viking MergerCo, Inc., a subsidiary of Viking ParentCo, Inc., affiliated with Grant Thornton Advisors LLC.

Impact

This merger and subsequent removal from the NYSE may affect CBIZ’s shareholders, who will receive cash payments for their shares. Additionally, it may have implications for employees and stakeholders as the company integrates with Viking MergerCo. The broader business services industry may also feel the impact as consolidation continues to reshape the competitive landscape.

What's Next

The filing does not say what happens next.