JACKSONVILLE, Fla.,
Feb. 27, 2012 /PRNewswire/
-- Fidelity National Financial, Inc. (NYSE: FNF), a leading
provider of title insurance, mortgage services and diversified
services, today announced that the waiting period under the
Hart-Scott Rodino Antitrust Improvements Act of 1976 (the "HSR
Act") has expired in connection with the tender offer through its
indirect wholly-owned subsidiary, Fred Merger Sub Inc., for all of
the outstanding common stock of O'Charley's Inc. (NASDAQ: CHUX)
that it does not currently own for $9.85 per share, net to the seller in cash,
without interest and less any required withholding taxes.
The tender offer is scheduled to expire at 12:00 midnight,
New York City time, at the end of
the date Monday, April 2, 2012,
unless the tender offer is extended. Expiration of the
waiting period under the HSR Act satisfies one of the conditions of
the tender offer. The tender offer remains subject to the
other conditions described in the Offer to Purchase that was filed
with the U.S. Securities and Exchange Commission on February 27, 2012.
About FNF
Fidelity National Financial, Inc. (NYSE: FNF), is a leading
provider of title insurance, mortgage services and diversified
services. FNF is the nation's largest title insurance company
through its title insurance underwriters - Fidelity National Title,
Chicago Title, Commonwealth Land Title and Alamo Title - that
collectively issue more title insurance policies than any other
title company in the United States. In addition, among other
operations, FNF owns minority interests in Ceridian Corporation, a
leading provider of global human capital management and payment
solutions, Remy International, Inc., a leading designer,
manufacturer, remanufacturer, marketer and distributor of
aftermarket and original equipment electrical components for
automobiles, light trucks, heavy-duty trucks and other vehicles and
American Blue Ribbon Holdings, LLC, an owner and operator of the
Village Inn, Bakers Square and Max & Erma's restaurants.
More information about FNF can be found at www.fnf.com.
Important Information about the Tender Offer
THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT
AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY
SECURITIES. The tender offer is being made pursuant to a
Tender Offer Statement on Schedule TO, containing an offer to
purchase, form of letter of transmittal and related tender offer
documents, filed by FNF with the U.S. Securities and Exchange
Commission (the "SEC") on February 27,
2012. O'Charley's filed a Solicitation/Recommendation
Statement on Schedule 14D-9 relating to the tender offer with the
SEC on February 27, 2012. FNF
and O'Charley's will mail these documents to all O'Charley's
shareholders of record. These documents, as they may be
amended or supplemented from time to time, contain important
information about the tender offer and O'Charley's shareholders are
urged to read them carefully before any decision is made with
respect to the tender offer. The tender offer materials may
be obtained at no charge by directing a request by mail to
Georgeson Inc., 99 Water Street, 26th Floor, New York, NY 10038, or by calling toll-free at
(866) 785-7395, and may also be obtained at no charge at the
website maintained by the SEC at www.sec.gov.
Forward Looking Statements
This press release contains forward-looking statements relating
to the potential acquisition of O'Charley's by FNF and its
affiliates. The actual results of the proposed transaction
could vary materially as a result of a number of factors,
including: uncertainties as to how many of shareholders of
O'Charley's will tender their stock in the offer, the possibility
that competing offers will be made and the possibility that various
closing conditions for the transaction may not be satisfied or
waived. Other factors that may cause actual results to differ
materially include those other risks detailed in the "Statement
Regarding Forward-Looking Information," "Risk Factors" and other
sections of FNF's Form 10-K and other filings with the Securities
and Exchange Commission. These forward-looking statements
reflect FNF's expectations as of the date of this press release.
FNF undertakes no obligation to update the information
provided herein.
SOURCE Fidelity National Financial, Inc.