Jacksonville-based Black Knight sold for $13.1 billion
The company that operates the New York Stock Exchange and other financial networks is buying Jacksonville-based mortgage technology company Black Knight Inc. for $13.1 billion.
Intercontinental Exchange Inc. announced May 4 it agreed to buy Black Knight for $85 a share in cash and stock, a 30% increase to the stock’s trading price a month ago before speculation about a buyout began.
ICE did not announce details about Black Knight’s operations after the buyout, which is not expected to close until the first half of 2023.
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