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Bench to be Acquired, After Abrupt Shut Down
In a shocking turn of events, it has been revealed that Bench, the accounting startup that suddenly shut down its operations and left thousands of customers in a state of panic just days ago, will be acquired by Employer.com, a human resources technology company. The acquisition is set to take place at an undisclosed price.
According to sources close to the matter, Bench’s abrupt shutdown last week was likely a strategic move designed to facilitate the acquisition. However, this has left many small business owners and entrepreneurs in a precarious situation, with some even considering taking drastic measures to protect their financial data.
In a statement announcing the acquisition, Employer.com emphasized that it will revive Bench’s platform and ensure continuity of service for all affected customers. The company also assured users that they will be given the choice to either port their data or continue using the services under new ownership.
Source: techcrunch.com
