General World News

ICE, Black Knight merger deal to close September 5

Intercontinental Exchange Inc. (ICE) and Black Knight announced late Friday an agreement with the Federal Trade Commission (FTC) for the $11.7 billion merger deal to go through. The settlement comes months after the FTC sued ICE alleging antitrust concerns surrounding a buyout of Black Knight. 

According to the agreement, ICE is expected to complete the acquisition of Black Knight on September 5. In addition, the two companies are set to complete the previously announced divestiture of Black Knight’s loan origination system (LOS) Empower business and details ⇒

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