ICE, Black Knight reach timing agreement with FTC; dismissed federal lawsuit

Intercontinental Exchange, Inc.

FTC, ICE and Black Knight jointly dismissed federal lawsuit and dissolved temporary restraining order blocking the acquisition.
Timing Agreement prohibits closing until 10 calendar days after parties sign an Agreement Containing Consent Order (ACCO).
Deadline for mutually acceptable ACCO by August 25, 2023, with possible extension; any party may terminate with 3 days notice if no ACCO signed.
Divestiture agreements for Optimal Blue and Empower loan origination system previously announced remain subject to acquisition closing.

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