secwatch.observer — SEC 8-K summary
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Issuer:     Black Knight, Inc. (—)
CIK:        0001627014
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001193125-23-228148
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ICE completes $11.9B acquisition of Black Knight; shares converted at $75.867 cash or 0.6577 ICE shares
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- Each Black Knight share converted into $75.867 cash or 0.6577 ICE shares; total consideration ~$11.9B.
- Stock election oversubscribed; proration expected: ~68% cash, ~32% ICE shares.
- Black Knight common stock delisted from NYSE effective Sept 5, 2023.
- ICE to divest Optimal Blue and Empower LOS businesses to Constellation Software within 20 days per FTC order.
- Credit agreement terminated; board replaced with ICE appointees Surdykowski and Spencer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627014/000119312523228148/0001193125-23-228148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627014/000119312523228148/d511006d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-228148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer