FIS Completes Sale of Property Insight
September 21, 2007
JACKSONVILLE, Fla., -- Fidelity National Information Services, Inc. (NYSE: FIS), a global provider of technology services, completed the sale of its Property Insight business to Fidelity National Financial, Inc. (NYSE: FNF), effective August 31, 2007.
The transaction is expected to reduce FIS' third quarter 2007 earnings by approximately $0.01 per diluted share and fourth quarter 2007 earnings by approximately $0.02 per diluted share, exclusive of a gain on the sale. Property Insight contributed approximately $0.09 to FIS' earnings per diluted share for full year 2006.
Source: Fidelity National Information Services, Inc.