Fathom Holdings and Neighborhood Intelligence Announce Mutual Termination of Proposed Merger
Fathom Holdings Inc. and Neighborhood Intelligence, Inc. (NXH) announced that their respective Boards of Directors mutually agreed to terminate their previously announced merger agreement after concluding that proceeding at current valuations would not appropriately reflect the fair terms.
Why it matters — A Fathom Holdings watcher would care because the termination ends the previously proposed merger between the two companies, removing a planned corporate combination from consideration.