JACKSONVILLE, Fla., Sept. 10, 2019 /PRNewswire/ — Fidelity National Financial, Inc. (FNF) today announced that FNF and Stewart Information Services Corporation (“Stewart”) have agreed to terminate FNF’s proposed merger with Stewart due to the Federal Trade Commission’s issuance of an administrative complaint seeking to block the merger.  Under the terms of the merger agreement, FNF will make a payment of $50 million to Stewart in connection with the termination of the proposed merger. Fidelity National Financial, Inc. is a leading provider of title insurance and transaction services to the real estate and mortgage industries.  FNF is the nation’s largest title insurance company through its title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title company in the United States.  More information about FNF can be found at fnf.com.

source https://finance.yahoo.com/news/fidelity-national-financial-inc-announces-105900698.html?.tsrc=rss