Subsequent Events

6 Months Ended

Jun. 30, 2013

Subsequent Event [Line Items]

Subsequent Events [Text Block]

Subsequent Events

On June 30, 2013, we entered into an agreement to acquire Marshall & Swift/Boeckh, a provider of residential and commercial property valuation solutions, DataQuick Information Systems, a property data and analytics information company, and the credit, flood and automated valuation model businesses of DataQuick Lender Solutions from the Decision Insight Information Group for total consideration of $661.0 million, subject to certain closing adjustments. The closing of the transaction is conditioned upon customary closing conditions, including the expiration or termination of the waiting period of the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

On July 1, 2013, we acquired the assets and operating platforms of Bank of America's flood zone determination and tax processing services businesses. In addition, we entered into a services agreement with Bank of America to continue to provide these services to them. The consideration paid for the acquisition totaled $62.5 million and was funded by cash on hand.