Corelogic (CLGX) to Be Acquired by Stone Point Capital and Insight Partners for $80 Per Share in Cash
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CoreLogic Enters into Definitive Agreement to Be Acquired by Stone Point Capital and Insight Partners for $80 Per Share in Cash
February 4, 2021 9:15 AM ESTIRVINE, Calif. & GREENWICH, Conn.--(BUSINESS WIRE)-- CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that the companys Board of Directors unanimously approved a definitive merger agreement under which funds managed by Stone Point Capital and Insight Partners will acquire all outstanding shares of CoreLogic for $80 per share in cash, representing an equity value of approximately $6.0 billion and a premium of 51% to CoreLogics unaffected share price on June 25, 2020.
CoreLogic Chairman Paul Folino said, This is a significant milestone for CoreLogic and a very positive... More
