The FTC views the deal as giving too much leverage to Intercontinental Exchange, which also owns the NYSE, and as harming both rivals and consumers, according to the sources.
A formal filing of the FTC’s challenge was expected sometime this month.
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The Future of Mortgage Origination: Embracing Automation for Efficiency
Explore how automation is revolutionizing mortgage origination, increasing efficiency, and redefining loan processing in the mortgage industry.
Estimated reading time: 0 minutes, 22 seconds
FTC May Fight Black Knight’s $13B Takeover by ICE
The Federal Trade Commission will likely move to block Black Knight’s $13 billion acquisition by Intercontinental Exchange, sources familiar with the situation say. So reports Politico.
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