19.03.2018 22:40:00
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STEWART INFORMATION INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Stewart Information Services...
NEW ORLEANS, March 19, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Stewart Information Services Corporation ("Stewart" or the "Company") (NYSE: STC) to Fidelity National Financial, Inc. ("Fidelity") (NYSE: FNF). Under the terms of the proposed transaction, shareholders of Stewart will receive only $50.00 for each share of Stewart that they own, paid in 50% cash and 50% in Fidelity common stock. Stewart shareholders may elect to receive their consideration in all cash or all stock, the latter being subject to an exchange ratio of 1.285. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-stc/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC
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Stewart Information Services Corp. | 76,37 | 1,70% |