Fidelity National says Remy ownership increased to 50.2%

theflyonthewall.com

Fidelity National Financial announced that it has purchased 1.18M additional shares of Remy International common stock, thereby increasing its ownership position to 50.2%. As a result, FNF will begin consolidating the financial results of Remy and will include those results in the third quarter of 2012. FNF will also report Remy as a distinct reporting segment in its reported financial results.

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