Fidelity Merger to be Considered
CHICAGO, Dec. 17 /PRNewswire/ -- Chicago Title Corporation (NYSE: CTZ)
today announced that the Executive Committee of its Board of Directors set the
close of business on Thursday, December 30, 1999, as the record date for a
special meeting of Chicago Title stockholders to consider the proposed merger
of Chicago Title with Fidelity National Financial, Inc.
The special meeting of stockholders will be held in Chicago at 9:00 a.m.
(CST) on Friday, February 11, 2000, at the Renaissance Hotel, 1 W. Wacker
Drive (Third Floor, Rhine Room).
Chicago Title Corporation, through its subsidiaries, provides title
insurance, escrow and closing services as well as property valuation, credit
information, default management and flood compliance products through a
network of more than 340 offices and approximately 4,100 agents nationwide.
Chicago Title Corporation's title insurance subsidiaries -- Chicago Title
Insurance Co., Ticor Title Insurance Co. and Security Union Title Insurance
Co. -- issue approximately one in every five title insurance policies in the
United States. Subsidiaries furnishing other real estate-related products
include Chicago Title Flood Services Inc., Chicago Title Credit Services Inc.,
Chicago Title -- Market Intelligence Inc. and Chicago Title Field Services
Inc.
The statements made in this press release contain certain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934 that involve a number of
uncertainties and risks that could significantly affect current plans and
anticipated actions and Chicago Title's future financial condition and
results. In addition to the matters described in this press release, risk
factors listed from time to time in Chicago Title's reports and filings with
the Securities and Exchange Commission may affect the results achieved by
Chicago Title.
Note: For further information on Chicago Title's products and services,
visit the company's web site at http://www.ctt.com.
SOURCE Chicago Title Corporation
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Related links:
http://www.ctt.com
CONTACT:
Analysts, Toshie Y. Davis, Vice President,
Investor Relations, 312-223-4788, or Media, Barbara Harms, Vice
President, Corporate Communications, 312-223-2461, both of
Chicago Title Corporation
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