IRVINE, Calif.–(BUSINESS WIRE)–Sep 14, 2020–
CoreLogic ® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today confirmed that it has received a revised unsolicited proposal from Senator Investment Group LP and Cannae Holdings Inc. to acquire all outstanding common shares of CoreLogic for $66.00 per share in cash.
Consistent with its fiduciary duties and in consultation with its financial and legal advisors, CoreLogic’s Board of Directors will carefully review the revised proposal with the assistance of financial and legal advisors to determine the course of action it believes is in the best interests of the Company and its shareholders. CoreLogic shareholders need take no action at this time.
CoreLogic previously announced on July 7 that its Board of Directors had unanimously rejected the unsolicited proposal from Senator/Cannae it received on June 26 to acquire all outstanding common shares of CoreLogic for $65.00 per share in cash. After