other material
confidence high
sentiment neutral
materiality 0.65
F&G, FNF subsidiary, closes 8M share public offering; FNF buys 4.5M shares
Fidelity National Financial, Inc.
- F&G completed public offering of 8,000,000 common shares; underwriters include BofA and J.P. Morgan.
- FNF purchased 4,500,000 shares of the offering at the same price as the underwriters.
- Underwriters granted a 30-day option to purchase up to an additional 1,200,000 shares.
- Net proceeds to be used for general corporate purposes, including support of organic growth.
- FNF, F&G directors and officers subject to a 90-day lock-up on F&G securities.