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New Fortune 500 Company For Jacksonville?

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Analysts split on Fidelity's spinoff

Joe Rauch

Staff Writer

RIVERSIDE -- Fidelity National Financial Inc.'s announcement that it was spinning off its title insurance business into a largely company-owned subsidiary known as Fidelity National Title Group Inc. generated two distinct reactions from analysts.

From today's Jacksonville Business Journal:

I thought I had read somewhere before that the creation of this new company would result in two Fortune 500 companies created out of Fidelity. Does anyone have any information about this?

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I don't know about the title business (It could be), however, I do know that Fidelity Information Services, which has been discussed as a spinoff for months, does have the revenue to crack the Fortune 500. However, when this happens is really anyone's guess

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