Verisk Analytics v. AccuLynx: Sorry, You Actually DO Have To Comply With That Second Request

On August 7, 2026, the Delaware Court of Chancery (the Court) ordered Verisk Analytics, Inc., to continue pursuing Federal Trade Commission (FTC) clearance of its $2.35 billion acquisition of AccuLynx.com even though Verisk had purported to terminate the deal seven months earlier. In determining that Verisk’s termination was invalid and ordering specific performance of the merger agreement’s regulatory efforts clause, the Court has effectively consigned Verisk to compliance with a full-blown Second Request, a process that typically costs tens of millions of dollars and takes many months to complete. 

Verisk, a data analytics and technology provider to the insurance industry, reached an agreement on July 29, 2025, to acquire AccuLynx, a provider of business management software for roofing contractors, for $2.35 billion. At approximately the same time, Verisk was negotiating with a competitor of AccuLynx, ServiceTitan, to provide an integration with Verisk’s software. Six days after