BUZZ-CCC Intelligent Solutions stock surges on acquisition rumors
路透社2026/10/09 21:17On October 9th, CCC Intelligent Solutions Holdings (CCC.O), a provider of automotive insurance software, saw its stock price rise by 9.5% in after-hours trading to $7.69. According to Bloomberg, GTCR and Elliott Investment Management are in advanced talks to acquire CCC, sources revealed. The report stated that the deal could be announced as soon as next week. However, the parties have not yet reached a final agreement, and details, including the timeline, may change; negotiations could end without a deal. CCC, GTCR, and Elliott have not immediately responded to Reuters’ requests for comment. CCC’s stock price has dropped about 12% so far this year. (For the convenience of non-English speakers, Reuters provides automated translations of its reports in several languages. As automated translations might be inaccurate or lack necessary context, Reuters does not guarantee the accuracy of these texts and disclaims any liability for damages or losses arising from their use.)
October 9 - ** Shares of auto insurance software provider CCC Intelligent Solutions Holdings (CCC.O) rose 9.5% in after-hours trading to $7.69
** According to Bloomberg (link), GTCR and Elliott Investment Management are in advanced talks to acquire CCC, according to sources
** The report said the deal could be announced as soon as next week
** The report stated that no final agreement has been reached yet, details including the timeline may change, and negotiations could end without a deal
** CCC, GTCR, and Elliott have not yet immediately responded to Reuters' requests for comment
** CCC’s share price has fallen about 12% year to date
(To facilitate non-English speakers, Reuters has automatically translated its report into several other languages. As automated translations may contain errors or lack the required context, Reuters does not guarantee the accuracy of the translated text, which is provided only for reader convenience. Reuters assumes no responsibility for any damage or loss arising from the use of automated translation features.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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