Property data and analytics firm CoreLogic Inc said on Monday it would not open its books to investment firms Senator Investment Group LP and Cannae Holdings Inc unless they raise their $7 billion offer to buy the company. Earlier in July, the investment firms asked CoreLogic for more financial documents to better assess the profitability… Continue reading CoreLogic Refuses to Open its Books to Senator Investment, Cannae Unless Buyout Bid Is Higher
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CoreLogic Weighs Unsolicited Bid from Cannae Holdings, Senator Investment Group
Cannae Holdings Inc. and Senator Investment Group LP are proposing to buy CoreLogic Inc. in a deal that would value the financial services intelligence company at $5.16 billion. The unsolicited bid, at $65 a share in cash, represents a 37% premium over CoreLogic’s stock price on June 15, after which research notes about the trading… Continue reading CoreLogic Weighs Unsolicited Bid from Cannae Holdings, Senator Investment Group