Ultimate Goes Private, TriNet's App, 'Cultural Alignment

Right now in South Florida they’re not just being smug about the weather, tans on hot bodies and beaches. Ultimate Software—near Fort Lauderdale—is going private. And since all of Ultimate’s employees have an equity stake, they’re all gonna get a taste of that 11 b-b-b-billion dollars, or 331.50 per share, that an investor group is paying.