Potter Anderson Serves as Delaware Counsel to Intercontinental Exchange on $13B Deal to Buy Mortgage-Data Firm Black Knight
In a deal valued at $13 billion, Intercontinental Exchange (NYSE: ICE), parent company of the New York Stock Exchange, has entered into a definitive agreement to acquire Black Knight Inc., a provider of software, data and analytics to the real estate and housing finance markets. ICE is a leading global provider of data, technology, and market infrastructure. The deal strengthens ICE’s mortgage technology ecosystem and extends its track record of digitizing vital networks. The transaction is expected to close in the in the first half of 2023.
Potter Anderson’s team served as Delaware counsel to ICE and included partners Michael Tumas and Roxanne Houtman.
News of the deal was reported by the Wall Street Journal, Law360, and other major business and legal publications.
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Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 90 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.