Akin Gump Advises LCI Parent Company in $151 Million Purchase by Verisk Analytics
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(Dallas) – Verisk Analytics, Inc. has acquired LCI, an industry-leading provider of risk insight, prediction, and management solutions for banks and creditors. Akin Gump advised N/B Group Holdings, the parent company of LCI.
The purchase price of $151 million will be paid in cash to stockholders of LCI. The transaction was announced on August 24 and closed on August 31.
The Akin Gump team advising N/B Group Holdings was led by corporate partner Thomas Yang. It included counsel John Holland and associate Ashton Butcher.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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