General World News

Black Knight to sell TitlePoint back to Fidelity for $225M

Black Knight agreed to sell its TitlePoint business unit to former parent company Fidelity National Financial for $225 million in cash.

A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by Intercontinental Exchange, Inc. 

TitlePoint enables searches for detailed property information, images of documents and maps across the U.S. and is used by title insurance underwriters, title agents and closing attorneys. 

The pending sale is a result of a 2014 agreement that allowed FNF to repurchase TitlePoint in the event of a change in control of Black Knight. (Black Knight was details ⇒

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