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Conditions Met, Fidelity Closes On LandAm Deal 

Dec 23, 2008By

Monday marked the close of a tenuous chapter for the acquisition talks between Fidelity National Financial Inc. [stock FNF][/stock] and its purchasee-to-be, a group of offshoots from the title insurance branch of LandAmerica Corp. Fidelity first announced Monday that the Chapter 11 Bankruptcy Court amended its terms related to the acquisition of LandAm’s insurance underwriters, reducing the total purchase price for Commonwealth Land Title Insurance Co. and Lawyers Title Insurance Corp. to approximately $235 million.