Shareholder Alert: Ademi LLP investigates whether Black Knight, Inc. has obtained a Fair Price in its transaction with Intercontinental Exchange

MILWAUKEE, May 5, 2022 /PRNewswire/ -- Ademi LLP is investigating Black Knight (NYSE: BKI) for possible breaches of fiduciary duty and other violations of law in its transaction with Intercontinental Exchange. 

Click here to learn how to join the action: https://www.ademilaw.com/case/black-knight-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges Black Knight's financial outlook and prospects are excellent and yet Black Knight holders will receive only $85 per share, or a total market value of $13.1 billion, with consideration in the form of a mix of cash (80%) and stock (20%). The transaction agreement unreasonably limits competing bids for Black Knight by prohibiting solicitation of further bids, and imposing a significant penalty if Black Knight accepts a superior bid. Black Knight insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Black Knight's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Black Knight.

If you own Black Knight common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/black-knight-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Ademi LLP                                                          
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP