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What Year Did CLGX Open Their IPO?
CoreLogic, known as CLGX, is a leading provider of property, financial, and consumer information, analytics, and services to businesses and government agencies. The company offers a wide range of solutions that help its clients make informed decisions regarding real estate, mortgage financing, insurance, and risk management. The initial public offering (IPO) of CLGX took place in the year 2010.
CLGX IPO: A Game-Changer for the Company
The decision to go public through an IPO was a significant milestone for CLGX, enabling it to access capital markets and expand its operations. On June 24, 2010, CLGX debuted on the New York Stock Exchange (NYSE) under the symbol “CLGX.” The IPO involved the issuance of 16 million shares of common stock at an initial price of $18 per share. The offering raised approximately $288 million in total.
CLGX: From IPO to Industry Leader
Following the successful IPO, CLGX continued to grow and diversify its offerings. The company expanded its presence in various markets, including real estate, mortgage, insurance, and financial services. Its data and analytics solutions became invaluable for businesses seeking accurate information and insights to make informed decisions.
Over the years, CLGX has made strategic acquisitions to enhance its capabilities and broaden its reach. Notable acquisitions include the purchase of DataQuick Information Systems, Marshall & Swift/Boeckh, and FNC Inc., among others. These acquisitions allowed CLGX to strengthen its position as a leader in the industry by integrating new technologies, expanding its customer base, and entering new markets.
CLGX’s success is also attributed to its commitment to innovation and investment in research and development. The company has consistently introduced new products and solutions to meet the evolving needs of its clients. Through advanced technologies such as artificial intelligence, machine learning, and big data analytics, CLGX has been able to deliver actionable insights and improve decision-making processes.
FAQs:
Q: What is the significance of CLGX’s IPO?
A: CLGX’s IPO allowed the company to access capital markets and expand its operations, enabling it to become a leading provider of property, financial, and consumer information.
Q: When did CLGX go public?
A: CLGX went public through its IPO on June 24, 2010.
Q: How much capital did CLGX raise through its IPO?
A: CLGX raised approximately $288 million through the issuance of 16 million shares of common stock at an initial price of $18 per share.
Q: What acquisitions has CLGX made to enhance its capabilities?
A: CLGX has made several strategic acquisitions, including DataQuick Information Systems, Marshall & Swift/Boeckh, and FNC Inc., among others, to strengthen its position in the industry.
Q: How has CLGX maintained its position as an industry leader?
A: CLGX has maintained its position as an industry leader through its commitment to innovation, investment in research and development, and the introduction of new products and solutions.
In conclusion, CLGX opened its IPO in the year 2010, marking a significant milestone in the company’s growth and success. Since then, CLGX has continued to expand its operations, diversify its offerings, and maintain its position as a leader in the industry. With a strong focus on innovation and customer satisfaction, CLGX remains a trusted partner for businesses and government agencies seeking reliable information, analytics, and services.
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