Intercontinental Exchange moves closer to completing $12 billion Black Knight takeover
Written by Black Hot Fire Network on August 15, 2023
The move comes a few months after ICE announced two planned divestitures of Black Knight’s Optimal Blue business and Empower loan origination system (LOS) business, intended to support the acquisition.
“This transaction will benefit ICE, Black Knight, and our collective shareholders,” ICE chief financial officer Warren Gardiner said in a statement. “Black Knight’s high-growth, recurring revenue stream will further complement our ‘all weather’ business . . .
