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BRIEF-Verisk To Acquire PowerAdvocate
November 30, 2017 / 9:57 PM / 12 days ago

BRIEF-Verisk To Acquire PowerAdvocate

Nov 30 (Reuters) - Verisk Analytics Inc:

* VERISK TO ACQUIRE POWERADVOCATE

* VERISK ANALYTICS INC - PURCHASE PRICE IS $200 MILLION IN CASH

* VERISK ANALYTICS INC - PURCHASE PRICE FUNDED THROUGH EXISTING BANK FACILITIES, SUBJECT TO TYPICAL CLOSING ADJUSTMENTS, AND AN EARNOUT OF UP TO $80 MILLION

* VERISK ANALYTICS INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO 2018 ADJUSTED EPS

* VERISK ANALYTICS INC - ‍TRANSACTION IS EXPECTED TO BE ACCRETIVE TO 2018 ADJUSTED EPS​ Source text for Eikon: Further company coverage:

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