FTC Makes Second Request from FNF and LPS
The Federal Trade Commission has made a request for additional information and documentary material (known as a “second request”) from Fidelity National Financial Inc. and Lender Processing Services Inc. regarding their merger-and-acquisition transaction.
The second request was disclosed on an 8-K filing by FNF obtained via DisclosureNet.com.
This second request has the effect of extending the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act by at least 30 days after FNF and LPS have complied with the FTC’s wishes.
According to the 8-K, FNF said it will continue to work cooperatively with the FTC. The deal is still expected to close in 4Q13.