New York puts the brakes on $1.2 billion merger of Fidelity National and Stewart
Fidelity National Financial | February 05, 2019
The $1.2 billion merger of Fidelity National Financial and Stewart Information Services just hit a major stumbling block, as New York’s top financial regulators recently told the title insurance companies that it does not approve of their merger. According to Securities and Exchange Commission filings from both companies, the New York Department of Financial Services recently notified the companies that it does not approve of Fidelity National’s acquisition of Stewart’s New York title operation.