FirstAm to Buy Pacific Northwest Title

First American Title Insurance Co., Santa Ana, Calif., has announced an agreement to acquire 100% of the stock of Seattle-based Pacific Northwest Title Holding Co. and its subsidiaries.The terms of the deal were not disclosed. First American said the transaction would significantly increase its regional market share and add approximately 25 direct offices and more than 500 employees to its operations in Washington, Oregon, and Alaska. Pacific Northwest has 10 title services subsidiaries, including Pacific Northwest Title Insurance Co. First American can be found on the Web at http://www.firstam.com.

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