Riches data and analytics firm CoreLogic has received multiple potential takeover bids that value the company at north of $80 a apportion, sources tell CNBC’s David Faber.
The multiple parties interested in pursuing a deal with CoreLogic embody private equity firms, Faber reported citing sources familiar with the talks. The company has already surrendered a non-disclosure agreement with at least one potential buyer, the people said.
People familiar with the talks averred CoStar Group could be one of the potential bidders.
CoreLogic confirmed later on Wednesday that it is “engaging with third sides indicating preliminary interest based on public information in the potential acquisition of the Company at a value at or above $80 per slice.”
“No decision has been made to enter into a transaction at this time, and the Company can offer no assurance that it when one pleases enter into any transaction in the future or, if entered into, what the terms of any such transaction would be,” the company enlarged in its statement.
Shares were last seen up 13.2%, around $77 a share, following news of the takeover offers.
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