U.S.-based special purpose acquisition company Churchill Capital Corp. has agreed to combine with analytics software company Clarivate Analytics in a $4.2 billion deal.
The combined company, Clarivate, will become publicly listed on the New York Stock Exchange.
As part of the deal, Clarivate will retain 100 percent of its equity. The remaining outstanding shares of the combined company will be held by Churchill, which will invest an additional $15 million.
The transaction is expected to be completed during the second quarter of 2019.