CCC Intelligent Solutions (CCC) is in advanced talks to be acquired by GTCR and Elliott Investment Management, with a deal potentially announced as soon as next week, Bloomberg reported late Friday, citing people familiar with the matter.

Though talks remain ongoing and another bidder could emerge, CCC Intelligent Solutions has been exploring strategic options after Elliott built a significant stake in the company, according to the report.

CCC Intelligent Solutions, GTCR and Elliott Investment Management did not immediately respond to MT Newswires' request for comment.

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