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=== 2022: Black Knight ===
=== 2022: Black Knight ===


In May 2022, ICE announced that it had entered into a definitive agreement to acquire [[Black Knight, Inc.]], a software, data and analytics company that serves the housing finance continuum. The cash and stock transaction values Black Knight at $85 per share, or a market value of $13.1 billion.<ref>{{Cite news |last1=Stafford |first1=Philip |last2=Asgari |first2=Nikou |date=2022-05-04 |title=ICE exchange expands in mortgage tech with $13bn deal for Black Knight |work=Financial Times |url=https://www.ft.com/content/42af04d4-992a-4962-851e-15870c5a5a05 |access-date=2022-05-05}}</ref> In April 2023, the [[Federal Trade Commission]] petitioned a federal court to issue a [[preliminary injunction]] to halt the acquisition.<ref>{{cite news |last=Bartz |first=Diane |date=2023-04-10 |title= FTC seeks temporary halt to Intercontinental Exchange deal for Black Knight |url=https://www.reuters.com/markets/deals/ftc-asks-temporary-halt-intercontinental-exchange-deal-black-knight-2023-04-10/ |publisher=Reuters}}</ref>
In May 2022, ICE announced that it had entered into a definitive agreement to acquire [[Black Knight, Inc.]], a software, data and analytics company that serves the housing finance continuum. The cash and stock transaction values Black Knight at $85 per share, or a market value of $13.1 billion. The transaction is expected to close in the first half of 2023, following the receipt of regulatory approvals, Black Knight stockholder approval, and the satisfaction of customary closing conditions.<ref>{{Cite news |last1=Stafford |first1=Philip |last2=Asgari |first2=Nikou |date=2022-05-04 |title=ICE exchange expands in mortgage tech with $13bn deal for Black Knight |work=Financial Times |url=https://www.ft.com/content/42af04d4-992a-4962-851e-15870c5a5a05 |access-date=2022-05-05}}</ref>


In August 2023, ICE announced that they had entered into an Agreement Containing Consent Orders (the “ACCO”) with the Bureau of Competition of the Federal Trade Commission (the “FTC”) regarding their pending acquisition of Black Knight. The ACCO contains an agreed form of consent order that will be submitted to the FTC for acceptance and approval. Based on a previously announced Timing Agreement entered into among ICE, Black Knight and the FTC on August 6, 2023, ICE was permitted to complete its acquisition of Black Knight following 11:59&nbsp;p.m. Eastern Time on the tenth calendar day after the entry into the ACCO.<ref>{{Cite news |last1=Fineman |first1=Joshua |date=2023-08-25 |title=Black Knight, Intercontinental Exchange enter consent agreement with FTC |work=Seeking Alpha |url=https://seekingalpha.com/news/4006573-black-knight-intercontinental-exchange-enter-consent-agreement-with-ftc |access-date=2023-08-26}}</ref>
In August 2023, ICE announced that they had entered into an Agreement Containing Consent Orders (the “ACCO”) with the Bureau of Competition of the Federal Trade Commission (the “FTC”) regarding their pending acquisition of Black Knight. The ACCO contains an agreed form of consent order that will be submitted to the FTC for acceptance and approval. Based on a previously announced Timing Agreement entered into among ICE, Black Knight and the FTC on August 6, 2023, ICE was permitted to complete its acquisition of Black Knight following 11:59&nbsp;p.m. Eastern Time on the tenth calendar day after the entry into the ACCO.<ref>{{Cite news |last1=Fineman |first1=Joshua |date=2023-08-25 |title=Black Knight, Intercontinental Exchange enter consent agreement with FTC |work=Seeking Alpha |url=https://seekingalpha.com/news/4006573-black-knight-intercontinental-exchange-enter-consent-agreement-with-ftc |access-date=2023-08-26}}</ref>
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