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Black Knight announces common stock offering by selling shareholder

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Black Knight announces common stock offering by selling shareholder

Affiliates of Thomas H. Lee Partners LP intend to sell 4 million of Black Knight Inc.'s common shares, and Black Knight plans to repurchase 1 million of those shares.

The shares will be offered to the public at a fixed price, which may be changed at any time without notice. The company is not selling any shares in the offering and all the net proceeds will go to the affiliates of Thomas H. Lee Partners.

Black Knight intends to fund the share repurchase with borrowings under its revolving credit facility.

Goldman Sachs & Co. LLC will act as the underwriter for the offering.