Thursday, August 6, 2020

Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation (Financial Times)

Financial Times:
Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation  —  Acquisition of Ellie Mae for $11bn moves NYSE-owner deeper into home loan technology  —  New York Stock Exchange owner Intercontinental Exchange …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...