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US: Real estate data merger hit with concessions

By  |  March 24, 2014

The US Federal Trade Commission has reportedly ordered concessions on a proposed $661 million merger of real estate data companies.

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    CoreLogic is looking to acquire DataQuick Information Systems, but the FTC found competition concerns regarding the deal.

    Reports say CoreLogic will be reported to license assets to a rival. Its bulk data recorder and several data sets must be licensed to competitor Renwood RealtyTrac.

    CoreLogic is the US’s largest assessor and recorder real estate data provider.

    Full Content: Reuters

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