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CCC shares surge 8.1% on news of GTCR and Elliott negotiations for acquisition

TIKR +2 ·

CCC
CCC CCC Intelligent Solutions Holdings Inc
$7.64 -2.30%
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  1. 1Reports indicate that GTCR and Elliott Investment Management are in advanced negotiations to acquire CCC Intelligent Solutions.
  2. 2CCC closed at $7.59 on October 12, marking an 8.1% increase.
  3. 3Copart has agreed to acquire ACV Auctions for approximately $1.9 billion.

So what's the key point?

GTCR and Elliott are in deep discussions to purchase CCC. Following this news, CCC's stock price rose by 8.1%.

Source TIKR +2 · View original ↗

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