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Fidelity stockholders approve tracking stock proposals
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Industry News
Thursday, June 19, 2014
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Fidelity National Financial’s stockholders have approved four separate proposals related to the formation of a tracking stock. The company recently announced its plan to create a tracking stock for its portfolio company investments. FNF will contribute these portfolio company investments into a new subsidiary, Fidelity National Financial Ventures and create and distribute a class of shares to FNF shareholders that tracks the performance of FNFV. Read on to learn more about this new entity.
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