Real estate fintech CoreLogic receives multiple potential bids at more than $80 a share, sources say

Investing News

Property data and analytics firm CoreLogic has received multiple potential takeover bids that value the company at north of $80 a share, sources tell CNBC’s David Faber.

The multiple parties interested in pursuing a deal with CoreLogic include private equity firms, Faber reported citing sources familiar with the talks. The company has already signed a non-disclosure agreement with at least one potential buyer, the people said.

Shares were last seen up 11.5%, around $76 a share, following news of the takeover bids. CoStar Group could be one of the potential bidders.

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