ICE, Black Knight to sell Optimal Blue in bid to keep merger alive

In connection with Intercontinental Exchange (ICE) and Black Knight’s previously announced $13.1 billion proposed merger agreement for ICE to acquire Black Knight, the companies agreed to sell Black Knight’s Optimal Blue business to a subsidiary of Constellation Software Inc.

The sale is part of the companies’ efforts to secure regulatory clearance of the proposed acquisition, as the Federal Trade Commission is seeking to halt the deal.

Read on for more details.