- The exchange ratio of 0.28742 is based on the average Fidelity National (FNF) price of $31.459 over the past ten sessions. At that level, total consideration to Lender Processing Services (LPS) shareholders will be $37.14 per share - $28.10 in cash and $9.04 in FNF common stock.
- Fidelity's shares are currently at $32.59.
- Closing is scheduled for January 2.
- Press release
Fidelity National announces exchange ratio for LPS purchase
Dec 30 2013, 10:25 ET