Estimated reading time: 0 minutes, 22 seconds

FTC May Fight Black Knight’s $13B Takeover by ICE

The Federal Trade Commission will likely move to block Black Knight’s $13 billion acquisition by Intercontinental Exchange, sources familiar with the situation say. So reports Politico.

FTCThe FTC views the deal as giving too much leverage to Intercontinental Exchange, which also owns the NYSE, and as harming both rivals and consumers, according to the sources.

A formal filing of the FTC’s challenge was expected sometime this month.

Read the full article from Politico

Read 634 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.