February 28, 2018 / 12:35 PM / 3 months ago

BRIEF-Cogint Inc - Co Entered Into Separation And Distribution Agreement With its Subsidiary Red Violet

Feb 28 (Reuters) - Cogint Inc:

* COGINT INC - ON FEB 27, CO ENTERED INTO SEPARATION AND DISTRIBUTION AGREEMENT WITH ITS WHOLLY-OWNED SUBSIDIARY, RED VIOLET, INC - SEC FILING

* COGINT SAYS UNDER TERMS OF SEPARATION AGREEMENT CO WILL CONTRIBUTE ITS RISK MANAGEMENT OPERATIONS AND ASSETS TO RED VIOLET - SEC FILING

* COGINT INC - RED VIOLET MAY REQUEST AS WORKING CAPITAL UP TO $20 MILLION DOLLARS AT THE TIME OF THE SPIN-OFF Source text (bit.ly/2t1gZtL) Further company coverage: (Reuters.Brief@thomsonreuters.com)

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