ICE’s Black Knight deal has antitrust snare

Black Knight

13/05/2022 16:25

(The authors are Reuters Breakingviews columnists.  The
opinions expressed are their own.)
    By Pranav Kiran and Jonathan Guilford
    BANGALORE, May 13 (Reuters Breakingviews) - The NYSE owner
is paying a big premium to round out its mortgage tech dominance
with the servicing-focused Black Knight. But the combination
looks to pose antitrust problems, and a loose merger agreement
gives ICE room to blow up the deal if it runs into resistance.
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    CONTEXT NEWS 
    - New York Stock Exchange parent Intercontinental Exchange
said on May 4 it will acquire Black Knight in a deal valuing the
mortgage-lending software and data analytics firm at $13.1
billion.

 (Column by Pranav Kiran in Bangalore and Jonathan Guilford in
New York.  Editing by Lauren Silva Laughlin and Oliver Taslic)
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