Verisk Says Co To Proceed With AccuLynx Transaction Following Delaware Supreme Court Ruling; Says Transaction Remains Subject To The Satisfaction Of Customary Closing Conditions And FTC Review, No Guarantee That The Transaction Will Be Completed

Benzinga · 2d ago

Verisk (NASDAQ:VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today issued the following statement in response to the Delaware Supreme Court order regarding the AccuLynx transaction:

"We respect the Delaware Supreme Court’s order to affirm the judgment of the Delaware Chancery Court. We will proceed in accordance with the Court’s order. The transaction remains subject to the satisfaction of customary closing conditions and FTC review, and there is no guarantee that the transaction will be completed. We remain focused on serving as a strategic data and technology partner to the global insurance industry and continuing to deliver long-term value for our shareholders."