Federal Red Tape Kills Another American Business Deal

Verisk Analytics just proved what every free market patriot already knows: Big Government bureaucrats are strangling American business growth.

The data analytics powerhouse terminated its acquisition of AccuLynx after the Federal Trade Commission dragged its feet past the December 26 deadline. Classic Washington move - delay, obstruct, and kill deals that would strengthen American companies.

Verisk CEO Lee Shavel stayed professional, but the message is clear: "We remain committed to our capital allocation discipline." Translation? They'll find ways to grow despite government roadblocks.

$1.5 Billion in Corporate Bonds Getting Redeemed

Here's the real kicker - Verisk now has to redeem $1.5 billion in senior notes at 101% of face value plus interest. That's millions in unnecessary costs because federal bureaucrats couldn't do their job on time.

The company maintains strong financials with 1.9 times leverage and $1.2 billion in share repurchase capacity. Smart money management that would make any fiscal conservative proud.

AccuLynx Crying Foul

AccuLynx claims Verisk's termination is "invalid." Verisk's response? Bring it on. They're ready to "vigorously defend" their position in court if needed.

This is exactly what happens when government interference creates uncertainty in free markets. Companies waste resources on legal battles instead of creating jobs and driving innovation.

Bottom line: Another example of federal overreach hurting American business. Verisk will survive and thrive, but how many deals die in regulatory purgatory?