Verisk/Eagleview Merger Derailed By FTC Challenge

On December 16, Verisk Analytics, a leading provider of data analytics and related services to the insurance industry, including rooftop aerial measurement products, announced that it was terminating its efforts to acquire EagleView Technologies, an aerial image provider whose product is utilized in rooftop aerial measurement products. The announcement followed closely on the heels of an FTC announcement that it intended to challenge the transaction on antitrust grounds.

The Verisk/EagleView transaction was first announced in January of 2014 and, with a value of $650 million, was subject to regulatory review for potential antitrust issues. At the time of the announcement of the deal, the parties stated that they expected the deal to close in the summer of 2014. However, FTC review of the transaction delayed the closing, leading to an updated announcement by the parties that they expected to close the deal in September. When September came and went without regulatory