Fidelity National Financial adjusts terms of LPS acquisition

Fidelity National Financial adjusts terms of LPS acquisition

Law360, New york (july 15, 2013, 7:43 PM EDT) — The Federal Trade Commission has asked for more information in an antitrust review of Fidelity National Financial Inc.’s $2.9 billion bid to acquire.

NEW YORK (TheStreet) — The Federal Trade Commission this week cleared the $2.9 billion acquisition of Lender Processing Services (LPS) by Fidelity National Financial (FNF – Get Report) with.

Black Knight (company) Black Knight, Inc., formerly known as Black Knight Financial Services, is an American corporation that provides integrated technology, services, data and analytics solutions to the mortgage and real estate industries. On January 3, 2014, Fidelity National Financial acquired Lender Processing Services (LPS).

Lender Processing Services Inc. (LPS), provider of integrated technology, services, data and analytics to the mortgage and real estate industries, announced that Fidelity National Financial Inc. (FNF) has exercised its option to adjust the consideration mix in its previously announced acquisition of LPS by increasing the cash component of the total consideration by approximately $500 million.

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Fidelity National Financial (FNF), a provider of title insurance and mortgage services, said on Tuesday that it has agreed to buy Lender Processing Services (LPS) for $33.25 per common share. The.

Case Summary. Fidelity National Financial, Inc. agreed to settle charges that its proposed $2.9 billion acquisition of Lender Processing Services, Inc. (LPS) would likely substantially lessen competition by combining the firms’ title plant assets in several local markets in Oregon. To preserve competition, the proposed settlement requires Fidelity.

Fidelity National Financial has completed its acquisition of Lender Processing Services in a $3.3 billion deal.FNF is the nation’s largest providers of title insurance, while LPS provides.

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