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ICE Closes on Black Knight Deal

Intercontinental Exchange, owner of the New York Stock Exchange, has wrapped up its purchase of housing finance data provider Black Knight. So reports MortgageOrb.

Black KnightThe deal builds on ICE’s formation of the ICE Mortgage Technology business segment in the wake of its takeovers in recent years of Ellie Male, Simplifile and Mortgage Electronic Registrations Systems.

To receive the Federal Trade Commission’s blessing for the Black Knight deal, ICE agreed to sell Black Knight’s Optimal Blue and Empower businesses to Constellation Software subsidiaries.

Read the full article from MortgageOrb.

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