The Wall Street Journal: NYSE owner ICE to buy mortgage-software company Ellie Mae in $11 billion deal

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Intercontinental Exchange Inc., the owner of the New York Stock Exchange, said it would acquire mortgage-software firm Ellie Mae, a landmark bet by the exchange giant on the digitization of the U.S. mortgage industry.

The deal with private-equity firm Thoma Bravo values Ellie Mae at $11 billion, including debt.

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