96 days ago • Posted by William Ramstein

CoreLogic to sell itself for $6B

CoreLogic  Inc. agreed to sell itself to two private-equity firms for about $6 billion, a surprising end to an auction of the real-estate-data provider that was kicked off by a pair of shareholder activists. Stone Point Capital LLC and Insight Partners said Thursday they agreed to buy CoreLogic for $80 a share, or about $6 billion. The deal represents a 51% premium to CoreLogic’s share price in June before the activists showed up, the firms said. - WSJ