BKI - Mergers and acquisitions

Divestiture contingent on closing of ICE's acquisition of Black Knight Intercontinental Exchange, Inc. (NYSE:ICE) and Black Knight, Inc. (NYSE:BKI) today announced that, in connection with their previously announced merger agreement for ICE's acquisition of Black Knight, they have agreed to sell Black Knight's Optimal Blue business to a subsidiary of Constellation Software Inc. (TSX:CSU). Under terms of the divestiture agreement, Constellation will acquire Black Knight's Optimal Blue business for $700 million. The structure of the proposed transaction includes a payment by Constellation of $200 million in cash, with the remainder financed by a $500 million promissory note issued by Cons

Divestiture contingent on closing of ICE's acquisition of Black Knight Amended transaction terms value Black Knight at $75 per share Intercontinental Exchange, Inc. (NYSE:ICE) and Black Knight, Inc. (NYSE:BKI) today announced that, in connection with their previously announced merger agreement for ICE's acquisition of Black Knight, they have agreed to sell Black Knight's Empower loan origination system (LOS) business, including its Exchange, LendingSpace and AIVA solutions, to a subsidiary of Constellation Software Inc. (TSX:CSU). ICE and Black Knight have also amended the terms of their merger agreement. ICE and Black Knight entered into the divestiture agreement in connection with effo

JACKSONVILLE, Fla., Feb. 15, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced that it has acquired the outstanding interests of Optimal Blue Holdco, LLC (Optimal Blue) from co-investors Cannae Holdings, Inc. and investment entities affiliated with Thomas H. Lee Partners, L.P. The aggregate purchase consideration of $1.156 billion was a combination of 36,376,360 shares of Dun & Bradstreet Holdings, Inc. (Dun & Bradstreet) stock valued at $722.5 million and $433.5 million in cash, funded by borrowings under Black Knight's revolving credit facility. The aggregate purc

JACKSONVILLE, Fla., May 17, 2021 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI), an award-winning provider of integrated software, data and analytics to the mortgage, secondary market and real estate industries, announced that it has acquired eMBS Inc, which provides performance data and analytics on agency-backed securities to all market participants for critical insights to inform better investment decisions and enhance the yields on their mortgage-backed securities (MBS) portfolios.   "The U.S. agency MBS market is the second-largest fixed income asset class, behind only U.S

JACKSONVILLE, Fla., May 6, 2021 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, today announced unaudited financial results for the first quarter of 2021, as compared to the prior year quarter. First Quarter 2021 Highlights: Revenues of $349.7 million, an increase of 20% Adjusted revenues of $349.7 million, an increase of 20%; Organic revenue growth of 9% Net earnings attributable to Black Knight of $54.1 million, an increase of 8%; Diluted

JACKSONVILLE, Fla., March 17, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that it has acquired a cloud-based loan origination system (LOS) from NexSpring Financial, LLC to broaden Black Knight's ability to serve mortgage brokers. The new digital lending platform will be a key part of the company's powerful, integrated, end-to-end ecosystem. This comprehensive platform will be seamlessly integrated into the powerful Black Knight Empower LOS, so brokers using the new digital lending platform and wholesalers using Empower will benefit from a more streamlined and connected experience. The power and value of the new platform will be further enhanced by integrations with B