August 16, 2022

Friday's Daily Pulse

What you need to know about Florida today

| 5/6/2022

› NYSE operator agrees to buy Black Knight for $13.1 billion
The company that operates the New York Stock Exchange and other financial networks is buying Jacksonville-based mortgage technology company Black Knight Inc. for $13.1 billion. Intercontinental Exchange Inc. announced May 4 it agreed to buy Black Knight for $85 a share in cash and stock, a 30% increase to the stock’s trading price a month ago before speculation about a buyout began.

› Miami-Dade private ambulance rates may spike  
Private ambulance rates may increase in Miami-Dade County as county commissioners requested Mayor Daniella Levine Cava to prepare a report within 30 days on existing rates and recommend any adjustments needed. A resolution sponsored by Sen. Rene Garcia, approved by county commissioners on Tuesday, proposes an increase of 114.8% for the basic life support base rate in which ambulances are staffed by emergency medical technicians.

› TD Bank targets South Florida tech talent pool
TD Bank is launching a technology hub in Fort Lauderdale, Florida, and plans to add 200 new roles in the region over the next two years, the bank announced Tuesday. The Toronto-based lender said it aims to tap into the South Florida market’s growing community of tech and innovation talent.

› Cost of Allegiant's Charlotte Harbor resort jumps again, now topping $600 million
The price to build the Sunseeker Resort Charlotte Harbor has gone up — again. After saying earlier this year the price tag for the resort had risen to $585 million, Allegiant Travel Co. disclosed in an Securities and Exchange Commission filing Tuesday afternoon, May 4, that the price tag now stands at $618 million. The company says in the filing — its first quarter earnings report — that the increase is “primarily due to inflationary pressures on materials as well as supply chain delays.”

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