CoreLogic (CLGX) approached by Cannae Holdings (CNNE)

  • June 28, 2020

POTENTIAL DEAL DETAILS

Stock CoreLogic, Inc. Symbol CLGX
Date Announced 06/26/2020 Source Press Release
Type Unsolicited Bid Acquiring Company/Person N/A

Cannae Holdings, Inc. (CNNE), and Senator Investment Group, LP, which, directly or through affiliated entities, jointly own or have an economic interest equivalent to approximately 15% of the outstanding shares of CoreLogic, Inc. (CLGX), today sent a letter to the Company’s Board of Directors outlining a proposal to acquire CoreLogic for $65.00 per share in cash.

Update(s):

July 07, 2020: CoreLogic Inc. (CLGX) today announced that its Board of Directors has unanimously rejected the unsolicited proposal from Senator Investment Group LP and Cannae Holdings Inc., received on June 26, 2020, to acquire all outstanding common shares of CoreLogic for $65.00 per share in cash.

September 14, 2020: CoreLogic® (CLGX) confirmed that it has received a revised unsolicited proposal from Senator Investment Group LP and Cannae Holdings Inc. to acquire all outstanding common shares of CoreLogic for $66.00 per share in cash.

November 03, 2020: CoreLogic (CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today stated that its Board is conducting a thorough strategic review to maximize shareholder value.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.