General World News

ICE/Black Knight merger can go forward as FTC approves settlement

Intercontinental Exchange (ICE) received the green light to move forward with its acquisition of Black Knight after the Federal Trade Commission (FTC) accepted a binding settlement.

Under the agreement, both firms will divest Black Knight’s loan origination system (LOS) Empower business and product and pricing engine (PPE) unit Optimal Blue to a subsidiary of Constellation Software Inc, the FTC said in a release on Thursday. 

The commission voted 3-0 to accept the consent order. The binding settlement comes after the FTC, ICE and Black Knight reached details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com