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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Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.
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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