By Josh Beckerman

 

Intercontinental Exchange Inc., the owner of the New York Stock Exchange, agreed to buy software, data and analytics company Black Knight Inc. for $13.1 billion.

The deal values Black Knight at $85 a share. Black Knight shares were up 8% to $68.49 prior to a trading halt.

The transaction is expected to close in the first half of 2023.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 04, 2022 15:39 ET (19:39 GMT)

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