The divestment of Optimal Blue has been proposed as a feasible solution to ensure the completion of the Black-Knight INC and Intercontinental Exchange (ICE) merger. Kenny, Bolton & Welte LLC (KBW) released a research report on the subject prior to the court hearing for the preliminary injunction.
In their report, KBW detailed the potential ramifications of an Optimal Blue divesture and the feasibility of its integration with ICE. The firm addressed the risk to Black-Knight INC’s merger agreement with ICE, and made a strategic recommendation for the two companies. KBW’s recommendations also included mitigating any financial losses caused by the potential divestiture.
Key points:
• Divestment of Optimal Blue proposed to ensure completion of Black-Knight INC and Intercontinental Exchange (ICE) merger
• Kenny, Bolton & Welte LLC (KBW) released research on the topic prior to the court hearing for the preliminary injunction
• Report addressed risk to Black-Knight INC’s merger agreement and made strategic recommendation for the two companies
• Recommendations also included mitigating any financial losses caused by potential divestiture
You can read this full article at: https://www.housingwire.com/articles/will-divesting-optimal-blue-guarantee-approval-of-black-knight-ice-merger/(subscription required)
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