Fidelity National and Stewart Information call off merger

|About: Stewart Information Serv... (STC)|By:, SA News Editor

The move comes after the FTC last week moved to block the purchase of Stewart Information Services (NYSE:STC) by Fidelity National (NYSE:FNF). Fidelity will pay Stewart a $50M breakup fee.

Moving along, Stewart names board member Fred Eppinger as CEO, while current CEO Matthew Morris becomes president.

Eppinger most recently was president and CEO of The Hanover Insurance Group.

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