Real estate fintech CoreLogic receives multiple potential bids at more than $80 a share, sources say

Investing

Property data and analytics firm CoreLogic has received multiple potential takeover bids that value the company at north of $80 a share, sources tell CNBC’s David Faber.

The multiple parties interested in pursuing a deal with CoreLogic include private equity firms, Faber reported citing sources familiar with the talks. The company has already signed a non-disclosure agreement with at least one potential buyer, the people said.

Shares were last seen up 11.5%, around $76 a share, following news of the takeover bids. CoStar Group could be one of the potential bidders.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Articles You May Like

Nvidia to report third-quarter earnings after the bell
Making Friends After Retirement, According To Dr. Ruth
Top Wall Street analysts are upbeat on these stocks for the long haul
Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen
Young adults are holding off on moving out of their parents’ house — here’s what’s behind the trend

Leave a Reply

Your email address will not be published. Required fields are marked *