Black Knight Announces Pricing of Secondary Common Stock Offering

first_img Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago in Featured, Headlines, Journal, News Black Knight, Inc., a provider of software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals based in Jacksonville, Florida, announced the pricing of the previously announced underwritten public offering by affiliates of Thomas H. Lee Partners, L.P. of 8,000,000 shares of the Company’s common stock at a public offering price of $46.70 pursuant to a shelf registration statement filed with the Securities and Exchange Commission. The Company has agreed to repurchase from the underwriter 2,000,000 shares of the 8,000,000 shares of common stock being sold by the Selling Shareholder at a per-share purchase price equal to the price payable by the underwriter to the Selling Shareholder. As such, only 6,000,000 shares of the 8,000,000 shares of common stock being sold by the Selling Shareholder will be sold to the public. The Selling Shareholder will receive all of the net proceeds from this offering. No shares are being sold by the Company. The offering is expected to close on February 15, 2018, subject to customary closing conditions.Goldman Sachs & Co. LLC acted as the sole underwriter for this offering.An automatic shelf registration statement (including a prospectus) relating to the offering of common stock was filed with the SEC on November 20, 2017 and became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement as well as the prospectus supplement related to this offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. When available, copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: 212-902-9316, email: [email protected] offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Any offer to buy the securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date. About Author: David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Black Knight Black Knight Inc Company News Previous: Former Washington Mutual Parent Company Acquires Mr. Cooper Next: Capsilon Taps Ginger Wilcox as SVP Marketing Home / Featured / Black Knight Announces Pricing of Secondary Common Stock Offering Black Knight Announces Pricing of Secondary Common Stock Offering February 19, 2018 1,746 Views Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Subscribe Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Black Knight Black Knight Inc Company News 2018-02-19 David Wharton Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily last_img read more

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New clean-label flours and starches developed with bakers in mind

first_imgIngredients supplier Kröner-Stärke (KS) has developed a range of pre-gelatinised flours and starches for the bakery market, which it claims will give professional bread makers the edge on their competition.The range has been developed in response to increased consumer demand for natural ingredients, and enhances the softness of bread and extends shelf-life without effecting taste or texture, according to the German company.Henrik de Vries, commercial director of KS, said:“The range has been developed to respond to market-led demand for clean-label, organic and gluten-free products for bakery – a trend that has grown significantly.”He added that the range will be of particular interest to in-store supermarket bakeries and artisan bakers, who stand to benefit from the additional shelf-life.Pre-gelatinised flours are subjected to hydrothermal processing during drying and milling and produced from natural cereal grains, such as wheat, rye, spelt, oats, corn or rice.The hydrothermal processing means the binding and swelling process in the starch grains happens at an early stage, so the flour simply requires the addition of cold fluids to produce a thickening effect. These water-binding properties mean bread will keep fresher for longer.KS said the flours can also be used as a replacement for traditional emulsifiers and thickeners and allow the baker to clean up their ingredient labelling, as pre-gelatinised flours and starches only need to be labelled as flour or starch.Pre-gelatinised flours can be used for bread, choux paste, yeast-raised doughs and fillings.last_img read more

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WHO confirms 3 H5N1 cases in Indonesia

first_imgOct 16, 2006 (CIDRAP News) – The World Health Organization (WHO) today confirmed three fatal cases of H5N1 avian influenza in Indonesia, involving two women from Java and a boy from South Jakarta, bringing Indonesia’s toll to 72 cases with 55 deaths.The first case involved a 67-year-old woman whose infection was reported by the Indonesian health ministry on Oct 11. The WHO said she became ill on Oct 3, was hospitalized Oct 7, and died Oct 15. Her illness was complicated by a chronic condition, the agency said.The second case involved an 11-year-old boy from South Jakarta who got sick on Oct 2, was hospitalized Oct 7, and died a week later. The WHO said the boy had been exposed to dead chickens in his neighborhood.The third case was in a 27-year-old woman from Central Java province who became ill on Oct 8, was hospitalized Oct 12, and died the next day. The WHO said the source of her exposure is under investigation.The Jakarta Post reported on Oct 12 that doctors who treated the 67-year-old woman suspected she also had encephalitis. Hadi Jusuf, a doctor at Hasan Sadikin hospital in Bandung, where the woman had been hospitalized, said hospital neurologists who examined the woman concluded that she had a brain inflammation caused by a virus.Hadi told the Post that the woman was unconscious when admitted to the hospital but that doctors could find no evidence that her loss of consciousness was related to acute respiratory distress or pneumonia, as was true of some other avian flu patients treated at the hospital.The woman’s cerebrospinal fluid was tested repeatedly after an initial result was negative, Hadi said.  He said he had not received results from the health ministry’s lab. If the tests are positive, the woman would be Indonesia’s first avian flu patient to have brain inflammation caused by the infection, Hadi told the Post.Neurologic complications of H5N1 infection have been reported before, though rarely. A Vietnamese boy who died of encephalitis in 2004 was later found to have had H5N1 infection, according to a research report published last year. Encephalitis is also known to be a rare complication of ordinary influenza.The sole survivor of the avian flu case cluster in North Sumatra last May, Jones Ginting, had brain abscesses after he was hospitalized. An Associated Press article, published after he was released from the hospital, said that after he experienced a stiff neck and headaches, tests showed multiple brain abscesses caused by parasites.With the three newest avian flu cases, Indonesia’s case-fatality rate is 76%, second only to that of Cambodia, where all six H5N1 patients died.The latest cases bring the WHO’s global avian flu count to 256 cases with 151 deaths, for a case-fatality rate of 59%.See also:Oct 16 WHO statementFeb 16, 2005, CIDRAP News article “Avian flu caused encephalitis in Vietnamese boy”last_img read more

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