• CoreLogic (CLGX +0.1%) completed the acquisition of a la mode technologies, LLC.
• a la mode provides subscription based software solutions to more than 40K appraiser professionals across the United States.
• The acquisition of all of the equity of a la mode is expected to be modestly accretive to CoreLogic’s 2018 revenue and adjusted EBITDA, excluding certain purchase accounting adjustments and one-time integration-related costs.

CoreLogic provides residential real estate information to the financial services sector. The shares have been weak due to near-term cyclical concerns about declining mortgage refinancing activity. We do not believe this has a long-term impact on business value. Unique data businesses tend to have great returns and are difficult to replicate. CoreLogic fits this mold. The management team has been good stewards of capital and has reduced the share count 30% since 2010. Management has been improving margins for years, and we believe there is more room for improvement going forward. Meanwhile, CoreLogic is selling well below public and private market values of other high-quality data providers.

reteiP schreef: ↑26 april 2018, 09:00 Hopelijk een grote schuldafbouw hierdoor.

gpv1 schreef: ↑4 februari 2021, 15:25 CoreLogic wordt overgenomen voor $80 per aandeel.

https://investor.corelogic.com/pressrel ... nd-insight

Umi schreef: ↑21 september 2018, 17:04 Dan toch maar verkocht... (had dat beter op $ 55 gedaan)
Was een kleine positie & heb daarmee Ter Beke & Resilux verder opgebouwd.