CCC Intelligent Solutions jumps on takeover report
09/10/2026 22:09
BUZZ-CCC Intelligent Solutions jumps on takeover report ** Shares of car-insurance software provider CCC Intelligent Solutions Holdings CCC.O jump 9.5% to $7.69 in extended trading
** GTCR and Elliott Investment Management are in advanced talks to acquire CCC, Bloomberg News reports, citing people familiar with the matter
** Deal can be announced as soon as next week - report
** Final agreement has not been reached and details, including the timing, can change or talks can end without a deal - report
** CCC, GTCR and Elliott did not immediately respond to Reuters' requests for comment
** CCC shares down ~12% YTD
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))