Intercontinental Exchange, Inc. must convince regulators that the $13.1 billion mega-deal announced on Wednesday to acquire Black Knight will not harm competition in the mortgage tech solutions market.
The software and data company also needs approval from Black Knight’s shareholders to move forward with the transaction, which valued the business at $85 per share, a 23% premium compared to the current price.
With such a complex mission ahead, the company doesn’t expect the deal to be completed until the first half of 2023. But what are the chances of approval? And once it happens, what will be details ⇒
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