CoreLogic Says It Will Only Open Its Books If Bidders Increase Takeover Offer
Earlier in July, the investment firms asked CoreLogic for more financial documents to better assess the profitability of its business segments, Reuters reported citing sources, after the company again rejected their unsolicited $65 per share buyout offer as inadequate.
“Granting diligence for an offer that significantly undervalues CoreLogic is not in the best interests of other shareholders,” the company said in a statement.
(Reporting by Ayanti Bera in Bengaluru; Editing by Amy Caren Daniel)
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