Verisk pulls plug on $2.4 billion AccuLynx deal after FTC review delay
Dec 29 (Reuters) - Data analytics firm Verisk said on Monday it had pulled the plug on its planned $2.35 billion acquisition of roofing software maker AccuLynx, pinning the termination on a regulatory review delay. Verisk said the decision follows a notification from the U.S. Federal Trade Commission that the agency had not completed its review of the transaction by the termination date of December 26. The company had unveiled its plan to acquire AccuLynx in July, a deal that was initially expecte ...