Feds O.K. Fidelity National Merger WithCertegy
WASHINGTON - (10/17/05) -- The Federal Trade Commission saidFriday it has approved a plan by Fidelity National Financial tomerge its financial services operation with Certegy Inc. The dealwill combine Fidelity National Information Services, aconglomeration of credit union and bank service operations, withcards processor Certegy into a single entity with more than $4billion in assets. Fidelity National will retain a majority sharein the new company, which will trade on the New York Stock Exchangeand will be based in Jacksonville, Fla., where Fidelity National isheadquartered.