FIDELITY NATIONAL FINANCIAL
IS THEIR FUTURE IN JEOPARDY?
WHAT ARE THEY REALLY UP TO???????????
FIDELITY NATIONAL FINANCIAL CHAIRMAN WILLIAM P. FOLEY II IS SMILING, BUT FOR HOW LONG?
OUR SOURCES ALLEGE HE & SEVERAL KEY BOARD MEMBERS MAY BE HEADED TO THE SAME DESTINATION AS BERNIE MADOFF..........BUYERS BE WARE............
Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of
title insurance, mortgage services and other diversified services, today
announced that it plans to make a public offering of approximately $400
million of shares of its common stock. The offering will be made under
the Company's effective shelf registration filed with the Securities
and Exchange Commission covering the issuance from time to time of
various securities of the Company.
The net proceeds from this
offering will be used to pay a portion of the cash consideration for the
previously announced merger with Lender Processing Services, Inc.
If the company does not consummate the merger, the net
proceeds will be used for general corporate purposes, which may include
the repurchase of shares of its common stock. BofA Merrill Lynch and
J.P. Morgan will serve as joint book-running managers, with Barclays,
Dowling & Partners Securities, LLC, Jefferies LLC, Keefe, Bruyette
& Woods, A Stifel Company, Piper Jaffray, Stephens Inc. and Wells
Fargo Securities serving as co-managers.
The underwriters will be
granted an option to purchase additional common stock equal to 15
percent of the amount of shares offered.
This press release
shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these shares in any state in which
such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state. Any
offer, if at all, will be made only by means of a prospectus, including a
prospectus supplement, forming a part of the effective registration
The Company has filed a registration statement including a
prospectus and a prospectus supplement with the SEC for the offering to
which this communication relates.
Before you invest, you should read the
prospectus and prospectus supplement in that registration statement and
other documents the Company has filed with the SEC for more complete
information about the Company and this offering.
You may obtain these
documents for free by visiting EDGAR on the SEC Web site at www.sec.gov
Alternatively, the Company, any underwriter or any dealer participating
in the offering will arrange to send you the prospectus and the
prospectus supplement if you request them by contacting BofA Merrill
Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus
Department (email: firstname.lastname@example.org
or J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, Attention: Prospectus Department (telephone
number: 866-803-9204). Electronic copies of the prospectus supplement
may be obtained by visiting EDGAR on the SEC's website at http://www.sec.gov
National Financial, Inc. (NYSE:FNF), is a leading provider of title
insurance, mortgage services and diversified services. FNF is the
nation's largest title insurance company through its title insurance
underwriters – Fidelity National Title, Chicago Title, Commonwealth Land
Title and Alamo Title – that collectively issue more title insurance
policies than any other title company in the United States.
FNF owns a
55% stake in American Blue Ribbon Holdings, LLC, a family and casual
dining restaurant owner and operator of the O'Charley's, Ninety Nine
Restaurant, Max & Erma's, Village Inn, and Bakers Square concepts.
FNF also owns an 87% stake in J. Alexander's, LLC, an upscale dining
restaurant owner and operator of the J. Alexander's and Stoney River
Legendary Steaks concepts.
In addition, FNF also owns a 51% stake in
Remy International, Inc., a leading designer, manufacturer & remanufacturer, marketer and distributor of aftermarket and original
equipment electrical components for automobiles, light trucks,
heavy-duty trucks and other vehicles. FNF also owns a minority interest
in Ceridian Corporation, a leading provider of global human capital
management and payment solutions.
press release contains forward-looking statements that involve a number
of risks and uncertainties. Statements that are not historical facts,
including statements regarding our expectations, hopes, intentions or
strategies regarding the future are forward-looking statements.
Forward-looking statements are based on management's beliefs, as well as
assumptions made by, and information currently available to,
management. Because such statements are based on expectations as to
future financial and operating results and are not statements of fact,
actual results may differ materially from those projected.
no obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise. The risks and
uncertainties which forward-looking statements are subject to include,
but are not limited to:
changes in general economic, business and
political conditions, including changes in the financial markets;
weakness or adverse changes in the level of real estate activity, which
may be caused by, among other things, high or increasing interest rates,
a limited supply of mortgage funding or a weak U. S. economy; our
potential inability to find suitable acquisition candidates,
acquisitions in lines of business that will not necessarily be limited
to our traditional areas of focus, or difficulties
acquisitions; our dependence on distributions from our title insurance
underwriters as a main source of cash flow; significant competition that
our operating subsidiaries face; compliance with extensive government
regulation of our operating subsidiaries; and other risks
the "Statement Regarding Forward-Looking Information," "Risk Factors"
and other sections of the Company's Form 10-K and other filings with the
Securities and Exchange Commission.
SOURCE Fidelity National Financial, Inc.
WAKE UP FOLKS...After the government has chased the banks in the corner & awaiting fines to come in after their involvement in toxic mortgage & foreclosures that allegedly involved Fidelity... Somebody's got to pay to allegedly keep their BRASS BUTTS from going down.
Whose the common denominator here? FIDELITY NATIONAL FINANCIAL & THEIR NETWORK of TITLE COMPANIES who are involved up to their yield spread in alleged corruption.
Too much factual documentation & links between the mortgage fraud & fraudulent foreclosures, billionaires & banking officials who knew the deals & the risks including the Security Exchange Commission whose opened the harbor to let $$$$$ flow in to FNF.