Wednesday, August 6, 2008

Surprise - Fidelity National Buys Mercury Companies

Fidelity, Mercury Oops, where did THAT come from? While rumors were flying about First American taking over former Mercury companies in Colorado, in swooped Fidelity National. The announced purchase covers Security Title, First American Heritage Title, Title America and United Title. Mercury spokeswoman Kate Miller confirmed with CNN Money that there were talks with First American but Fidelity National ultimately emerged as the buyer.

Wall Street Journal article

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