Fidelity National Title to Join S&P's Index
|October 19, 2006|
Standard & Poor's / AP
NEW YORK (AP) -- Standard & Poor's said Fidelity National Title Group Inc., a provider of title insurance and escrow services, will join its S&P MidCap 400 index after trading ends on Oct. 24. Fidelity National Financial Inc. is spinning off its 85 percent stake in the title insurance company in a deal expected to close around that date. It will replace Emmis Communications Corp., which currently has the smallest market capitalization in the index.