From: Ann Shumelda Okerson <[log in to unmask] <[log in to unmask]>>
Date: Mon, 14 Jan 2019 20:20:42 -0500

NEW YORK—January 14, 2019 — Churchill Capital Corp (“Churchill”) (NYSE:
CCC), a public investment vehicle, and Clarivate Analytics (“Clarivate”), a
global leader in providing trusted insights and analytics to accelerate the
pace of innovation, announced they have entered into a definitive agreement
to merge. The combined company will operate as Clarivate and will become
publicly listed on the New York Stock Exchange. The transaction implies an
initial enterprise value of approximately $4.2 billion1
<https://clarivate.com/blog/news/churchill-capital-corp-and-clarivate-analytics-announce-merger-agreement/#footnote>
with
a multiple of approximately 12.5x Clarivate’s estimated 2019 Standalone
Adjusted EBITDA before synergies at the time of close.

[SNIP]

https://clarivate.com/blog/news/churchill-capital-corp-and-clarivate-analytics-announce-merger-agreement/