WASHINGTON (Reuters) – The U.S. Federal Trade Commission opened a new front in its fight against the Intercontinental Exchange deal to buy Black Knight by asking a federal court for a preliminary injunction to halt the deal while its internal administrative process moves forward.
The agency said on March 9 it would seek to stop the New York Stock Exchange parent Intercontinental Exchange from acquiring mortgage data vendor Black Knight in a $13.1 billion deal.
(Reporting by Diane Bartz; Editing by Chris Reese)