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ICE lowers purchase price of mortgage software giant Black Knight to $11.7b, will sell key unit if deal approved, may litigate with FTC for approval

 
 
ICE News Release: If regulators approve ICE purchase of Black Knight, they'll sell BK's key Empower loan origination software unit. ICE "committed to litigate with the FTC, if necessary, to obtain approval" of mortgage software merger.

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Check It Out:

Black Knight and Intercontinental Exchange Announce Agreement to Sell Black Knight’s Empower LOS Business to Constellation Software Inc. and Revised Terms of Merger Agreement

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