Fidelity National Financial, Inc. Announces Chapter 11 Bankruptcy ... - GuruFocus.com
.FNF also provides flood insurance, personal lines insurance and home warrantyinsurance through its specialty insurance business. FNF also is a leadingprovider of outsourced claims management services to large corporate andpublic sector entities through its minority-owned subsidiary, Sedgwick CMS.FNF is also a leading information services company in the human resource,retail and transportation markets through another minority-owned subsidiary,Ceridian Corporation. More information about FNF can be found at[ www.fnf.com ] .This press release contains forward-looking statements that involve anumber of risks and uncertainties. Statements that are not historical facts,including statements about our beliefs and expectations, are forward-lookingstatements. Forward-looking statements are based on management's beliefs, aswell as assumptions made by, and information currently available to,management. Because such statements are based on expectations as to futureeconomic performance and are not statements of fact, actual results may differmaterially from those projected. We undertake no obligation to update anyforward-looking statements, whether as a result of new information, futureevents or otherwise. The risks and uncertainties which forward-lookingstatements are subject to include, but are not limited to: the possibilitythat the proposed stock purchase agreement will not be completed due to thefailure to secure necessary regulatory approvals; the possibility that thereare unexpected delays in obtaining regulatory approvals; the possibility thatthe revenues, cost savings, growth prospects and any other synergies expectedfrom the proposed transaction may not be fully realized or may take longer torealize than expected; changes in general economic, business and politicalconditions, including changes in the financial markets; continued weakness oradverse changes in the level of real estate activity, which may be caused by,among other things, high or increasing interest rates, a limited supply ofmortgage funding or a weak U. S. economy; our potential inability to findsuitable acquisition candidates, acquisitions in lines of business that willnot necessarily be limited to our traditional areas of focus, or difficultiesin integrating acquisitions; our dependence on operating subsidiaries as asource of cash flow; significant competition that our operating subsidiariesface; compliance with extensive government regulation of our operatingsubsidiaries; and other risks detailed in the "Statement RegardingForward-Looking Information," "Risk Factors" and other sections of theCompany's Form 10-K and other filings with the Securities and ExchangeCommission.