We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Black Knight, Inc. (“Black Knight” or the “Company”) (NYSE: BKI), in connection with the proposed acquisition of the Company by Intercontinental Exchange, Inc. (NYSE: ICE).  Under the terms of the merger agreement, the Company’s shareholders will receive $85.00 for each share of Black Knight common stock owned in a mix of cash (80%) and stock (20%), subject to proration.  The transaction is valued at approximately $13.1 billion.

Weiss Law is investigating whether (i) Black Knight’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $85.00 per-share merger consideration adequately compensates Black Knight’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, at least one analyst set a price target for the Company of $92 per share, $7.00 above the per-share merger consideration.