Printer Friendly

FIDELITY NATIONAL FINANCIAL INC. TO PURCHASE CERTAIN ASSETS OF LAWYERS TITLE CORP.

 FIDELITY NATIONAL FINANCIAL INC.
 TO PURCHASE CERTAIN ASSETS OF LAWYERS TITLE CORP.
 IRVINE, Calif., March 26 /PRNewswire/ -- Fidelity National Financial Inc. (NYSE: FNF), a leading title insurance underwriter, and Lawyers Title Corp. (NASDAQ: LTCO), a holding company for Lawyers Title Insurance Corp., headquartered in Richmond, Va., announced the signing of a letter of intent in which Fidelity National Financial will acquire, for cash, certain assets of Lawyers Title's Northern California operations in Alameda, Contra Costa, Sacramento, San Francisco, San Mateo and Santa Clara counties. This letter of intent is the culmination of discussions between the two companies which have exclusively concerned Northern California operations. The operations are part of Lawyers Title's wholly owned West Coast subsidiary, Continental Lawyers Title Co., based in Universal City, Calif. The transaction is expected to close next month.
 Lawyers Title Insurance Corp. will continue operation of its National Division office in San Francisco.
 Headquartered in Irvine, Fidelity National Financial Inc. issues title insurance and performs other title-related services in 33 states and the District of Columbia through Fidelity National Title Insurance Co., Fidelity National Title Insurance Co. of California, Fidelity National Title Insurance Co. of Tennessee and Fidelity National Insurance Company of Texas.
 -0- 3/26/92
 /CONTACT: Jo Etta Bandy, VP-investor relations of Fidelity National Financial, 714-852-9770/
 (FNF LTCO) CO: Fidelity National Financial Inc.; Lawyers Title Corp. ST: California, Virginia IN: FIN SU: TNM


DM-JL -- LA026 -- 2117 03/26/92 16:22 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 26, 1992
Words:239
Previous Article:APOGEE EXPECTS WEAK FINISH TO FISCAL (FEBRUARY) 1992; FIRM CITES MARGIN PRESSURE IN AUTO GLASS, SOFT CONSTRUCTION MARKETS
Next Article:VERNITRON CORPORATION REPORTS 1991 EARNINGS COMPARED WITH LOSS IN PRIOR YEAR
Topics:


Related Articles
FIDELITY NATIONAL FINANCIAL INC. CLOSES ACQUISITION OF MERIDIAN TITLE INSURANCE CO. AND ITS SUBSIDIARIES
FIDELITY NATIONAL FINANCIAL INC. SIGNS LETTER OF INTENT FOR THE PURCHASE OF SECURITY TITLE AND GUARANTY CO.
FIDELITY NATIONAL FINANCIAL INC. SIGNS DEFINITIVE AGREEMENT FOR THE PURCHASE OF SECURITY TITLE AND GUARANTY CO.
FIDELITY NATIONAL FINANCIAL INC. COMPLETES PRIVATE PLACEMENT AND CLOSES PURCHASE OF SECURITY TITLE AND GUARANTY CO.
/C O R R E C T I O N -- FIDELITY NATIONAL FINANCIAL/
FIDELITY NATIONAL FINANCIAL INC. ANNOUNCES PURCHASE OF CAPITOL OF TEXAS TITLE CO.
FIDELITY NATIONAL FINANCIAL INC. ANNOUNCES PURCHASE OF PEOPLES ABSTRACT INC.
FIDELITY NATIONAL FINANCIAL INC. PURCHASES OPTION TO ACQUIRE 60 PERCENT OF WORLD TAX SERVICE
FIDELITY NATIONAL FINANCIAL INC. ACQUIRES STOCK AND CERTAIN ASSETS OF THE SUBSIDIARIES OF WTC FINANCIAL
Fidelity National Financial, Inc. Announces Signing of Definitive Agreement To Acquire Operating Assets of Northwest Mortgage Services, Inc.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters