ChoicePoint(R) Sells Bulk Bankruptcy, Liens and Judgments Records Business


ChoicePoint announced that it has sold part of its public records operations, specifically the businesses that collect bankruptcy, lien and judgment (BLJ) records and provide them on a wholesale, bulk basis to commercial enterprises around the country. The terms of the sale and the buyer were not disclosed but the transaction is not expected to have a material impact on ChoicePoint’s financial results.

In connection with the sale, ChoicePoint and the buyer also entered into a data access agreement that gives ChoicePoint the right to include BLJ information in its other products for a long-term period.

This transaction is part of ChoicePoint’s plan to divest certain non- strategic or under-performing assets as previously announced in the company’s news release announcing third quarter 2006 earnings.

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