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Home » Store » Taxable » FNF Delays, and May Cancel, Spinoff of its Tech Unit

FNF Delays, and May Cancel, Spinoff of its Tech Unit

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Industry observers are wondering why Fidelity National Financial has decided to postpone, and possibly cancel, its planned spinoff of its mortgage technology unit, Fidelity National Information Services. FNF said it made the decision based on market conditions and because of costs associated with its recent purchase of a bank technology firm. But many are speculating that a leading servicer that uses the unit has decided to take its business elsewhere. …
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