Fidelity National Financial Plans Public Offering
- Loading Comments...
JACKSONVILLE, Fla. (AP) — Title insurance provider Fidelity National Financial Inc. said Tuesday it has increased the size of its planned public offering to 15.8 million shares, and priced it at $19 each.
The offer price represents a slight discount to Tuesday's closing price of $19.30. The stock lost nearly 15 percent during the day's session after the initial offer was announced. On Monday, shares had finished at $22.60 — nearly their highest point in a year.
Proceeds from the offering will be used to repay debt under an existing $1.1 billion syndicated credit agreement and for other general corporate purposes. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |


Connect with TheStreet