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