filecrux
Oct 15, 12:32 PM
$CCC (insurance claims and repair software, 35,000+ business customers) agreed to be bought by a GTCR-led group including Elliott for
$7.75 a share in cash, about
$6.1B enterprise value. That is about
$4.56B of equity for 588,994,704 shares, just 1.4% above the
$4.50B market value at the
$7.64 close, 16:00 ET Oct 14, 2026. Holders get a 44% premium to the unaffected Jul 9 close, and financing is committed with no financing condition. Needs holder and regulatory approvals; close expected Q1 2027; Q3 results Oct 29.
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