UPDATE: Korn Ferry Enters into Definitive Agreement to Acquire Hay Group for ~$452M

Korn Ferry

today announced that it has entered into a definitive agreement to acquire Hay Group. The combination of Korn Ferry and Hay Group brings together two world class brands with a rich heritage and more than a century of combined success in fueling people and leadership to drive positive change in organizations and society. Founded in 1943, Hay Group is a global leader in people strategy and organizational performance. With a solid portfolio of intellectual property, including several of the world's most comprehensive management databases, Hay Group helps organizations reach their highest aspirations and strategic goals by