CoreLogic is reviewing an unsolicited $7 billion acquisition bid from Cannae Holdings and Senator Investment Group, LP, which own 15 percent of the outstanding shares of CoreLogic.
The two firms sent a letter to CoreLogic’s board of directors June 26, outlining a proposal to acquire the company for $65 per share in cash, equivalent to about $7 billion.
Read on to learn more about this major bid and reaction to it.