Fidelity National Financial Inc., Jacksonville, Fla., has acquired Geotrac Inc., a provider of flood determination and life-of-loan monitoring services, for an undisclosed price."Geotrac provides additional critical mass and improved scale to our flood information business, and its strength in the Midwest provides additional geographic coverage that augments our current market penetration," said William P. Foley II, FNF's chairman and chief executive officer. Mr. Foley said the addition of Geotrac's digitized flood plain maps will enable FNF to increase the percentage of automatic determinations and reduce manual exception processing. FNF can be found online at http://www.fnf.com.
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