BRIEF-CCC Information Services, Dragoneer Growth Opportunities Corp Announce Business Combination

Reuters

03 Feb 2021

Feb 3 (Reuters) - Dragoneer Growth Opportunities Corp

:

* CCC INFORMATION SERVICES INC. AND DRAGONEER GROWTH OPPORTUNITIES CORP. ANNOUNCE BUSINESS COMBINATION, CREATING PUBLICLY LISTED LEADER ACCELERATING THE DIGITAL TRANSFORMATION OF THE P&C INSURANCE ECONOMY

* DRAGONEER GROWTH OPPORTUNITIES CORP - COMPANY EXPECTED TO BE LISTED ON NYSE UPON COMPLETION OF COMBINATION IN Q2 OF 2021

* DRAGONEER GROWTH OPPORTUNITIES - DEAL INCLUDES $150 MILLION OF FULLY COMMITTED COMMON STOCK PIPE

* DRAGONEER GROWTH OPPORTUNITIES - PIPE ANCHORED BY FIDELITY INVESTMENTS, T. ROWE PRICE AND OTHER PREMIER SAAS INVESTORS

* DRAGONEER GROWTH OPPORTUNITIES CORP - COMBINED COMPANY IS EXPECTED TO BE RENAMED CCC INTELLIGENT SOLUTIONS HOLDINGS INC

* DRAGONEER GROWTH - DEAL INCLUDES $175 MILLION FORWARD PURCHASE AGREEMENT FROM DRAGONEER FUNDS, MICHAEL BLOOMBERG'S FAMILY OFFICE, WILLETT ADVISORS

* DRAGONEER GROWTH OPPORTUNITIES CORP - DEAL FOR APPROXIMATELY $7 BILLION

* DRAGONEER GROWTH OPPORTUNITIES - CURRENT SHAREHOLDERS OF CCC ARE EXPECTED TO OWN APPROXIMATELY 83.2% OF COMPANY AFTER CLOSING

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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AND DRAGONEER GROWTH OPPORTUNITIES CORP. ANNOUNCE BUSINESS COMBINATION, CREATING PUBLICLY LISTED LEADER ACCELERATING THE DIGITAL TRANSFORMATION OF THE P&amp;C INSURANCE ECONOMY</p><p>   * DRAGONEER GROWTH OPPORTUNITIES CORP - COMPANY EXPECTED TO BE LISTED ON NYSE UPON COMPLETION OF COMBINATION IN Q2 OF 2021</p><p>   * DRAGONEER GROWTH OPPORTUNITIES - DEAL INCLUDES $150 MILLION OF FULLY COMMITTED COMMON STOCK PIPE</p><p>   * DRAGONEER GROWTH OPPORTUNITIES - PIPE ANCHORED BY FIDELITY INVESTMENTS, T. ROWE PRICE AND OTHER PREMIER SAAS INVESTORS</p><p>   * DRAGONEER GROWTH OPPORTUNITIES CORP - COMBINED COMPANY IS EXPECTED TO BE RENAMED CCC INTELLIGENT SOLUTIONS HOLDINGS INC</p><p>   * DRAGONEER GROWTH - DEAL INCLUDES $175 MILLION FORWARD PURCHASE AGREEMENT FROM DRAGONEER FUNDS, MICHAEL BLOOMBERG'S FAMILY OFFICE, WILLETT ADVISORS</p><p>   * DRAGONEER GROWTH OPPORTUNITIES CORP - DEAL FOR APPROXIMATELY $7 BILLION</p><p>   * DRAGONEER GROWTH OPPORTUNITIES - CURRENT SHAREHOLDERS OF CCC ARE EXPECTED TO OWN APPROXIMATELY 83.2% OF COMPANY AFTER CLOSING</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2108769198","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2108769198","pubTimestamp":1612357749,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Feb 3 (Reuters) - Dragoneer Growth Opportunities Corp :   * CCC INFORMATION SERVICES INC. 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ROWE PRICE AND OTHER PREMIER SAAS INVESTORS   * DRAGONEER GROWTH OPPORTUNITIES CORP - COMBINED COMPANY IS EXPECTED TO BE RENAMED CCC INTELLIGENT SOLUTIONS HOLDINGS INC   * DRAGONEER GROWTH - DEAL INCLUDES $175 MILLION FORWARD PURCHASE AGREEMENT FROM DRAGONEER FUNDS, MICHAEL BLOOMBERG'S FAMILY OFFICE, WILLETT ADVISORS   * DRAGONEER GROWTH OPPORTUNITIES CORP - DEAL FOR APPROXIMATELY $7 BILLION   * DRAGONEER GROWTH OPPORTUNITIES - CURRENT SHAREHOLDERS OF CCC ARE EXPECTED TO OWN APPROXIMATELY 83.2% OF COMPANY AFTER CLOSINGSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}