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Verisk pulls plug on $2.4 billion AccuLynx deal after FTC review delay
Yahoo Finance· 2025-12-29 13:50
Group 1 - Verisk has terminated its planned $2.35 billion acquisition of AccuLynx due to a delay in regulatory review by the U.S. Federal Trade Commission [1][2] - The acquisition was initially announced in July, with expectations for closure by the third quarter of 2025, but the deal was called off after the extended termination date of December 26 was not met [2] - AccuLynx claims that Verisk's termination of the merger agreement is invalid, while Verisk intends to defend against this assertion [3] Group 2 - Following the termination of the deal, Verisk plans to redeem $1.5 billion of debt that was issued in connection with the acquisition [3]