Fidelity national financial announces deal to acquire fgl holdings

Fidelity national financial, inc. announces signing of a merger agreement to acquire fgl holdings for $12.50 per share in combination of cash and fnf common stock.fidelity national financial inc - transaction is expected to be more than 20% accretive to 2021 earnings per share.fidelity national financial - transaction is expected to be more than 10% accretive (on a pro-forma basis) to fnf's 2020 earnings per share.fidelity national financial inc - fnf's current dividend and buyback policy will remain unaltered as a result of proposed transaction.fidelity national financial inc - fnf's pro forma debt to total capital is expected to be approximately 26% at close of transaction.
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