ICE completes $11.9B acquisition of Black Knight; stock consideration oversubscribed, prorated to ~68% cash, ~32% stock

Intercontinental Exchange, Inc.

Acquisition completed Sep 5, 2023; total consideration ~$11.9B ($10.505B cash + ~10.9M ICE shares).
Per share consideration: $75.867 cash or 0.6577 ICE shares based on $115.355 VWAP.
Stock election oversubscribed; proration yields ~68% cash and ~32% stock for those electing stock.
ICE to divest Optimal Blue and Empower LOS to Constellation Software Inc. within 20 days per FTC clearance.
ICE to hold investor conference call on Sep 28, 2023 at 8:30 am ET.

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