ICE, Black Knight agree with FTC to dismiss court case against proposed deal

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The joint stipulation dissolves a temporary restraining order against ICE’s $11.7 billion proposed buyout of Black Knight, allowing the companies and the FTC to continue working toward a final settlement agreement, the companies said.

The agreement comes a month after Black Knight agreed to sell a second unit to soothe regulatory concerns over its $11.7 billion proposed buyout by ICE.