STUART, Fla., July 31, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, today announced that Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 company, exercised its option to purchase an additional 8% ownership of Ecosphere Energy Services, LLC (EES), from Ecosphere Technologies Inc. for $4 million, bringing its total ownership in EES to 39%. After the transaction, Ecosphere Technologies now owns 31% of the energy services division. FNF requested and received an additional option to buy another 12% of EES for $6 million before the end of 2013.
Fidelity National Financial Exercises Option To Increase Ownership Position In Ecosphere Energy Services
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