General World News

The FTC drops case against ICE’s acquisition of Black Knight

The Federal Trade Commission (FTC), Intercontinental Exchange Inc. (ICE) and Black Knight jointly stipulated to dismiss a federal court case against ICE’s $11.7 billion proposed acquisition of Black Knight, clearing a major regulatory hurdle that should allow the deal to go through.

“The joint stipulation dismisses the federal complaint and dissolves the temporary restraining order that was previously in place, allowing ICE, Black Knight and the FTC to continue working toward a final settlement agreement resolving FTC’s challenge to the acquisition,” ICE and Black Knight said in a statement details ⇒

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