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MEMPHIS, Tenn. and JACKSONVILLE, Fla., Sept. 13 /PRNewswire/ -- Sedgwick CMS Holdings, Inc. (Sedgwick CMS Holdings), parent company of Sedgwick Claims Management Services, Inc. (Sedgwick CMS), has successfully concluded its previously announced agreement to acquire CompManagement, Inc. (CMI) and its affiliated companies. Today's closing took the form of a merger between a special purpose subsidiary of Sedgwick CMS Holdings and Security Capital Corporation (SCC), parent company of CMI. The final purchase price was $191.5 million. Proceeds of $16.46 per share of SCC Common Stock and Class A Common Stock will be distributed in accordance with the merger agreement to the former shareholders of SCC, which will be de-listed from the American Stock Exchange (AMEX:SCC) in connection with the closing. This announcement comes jointly from Sedgwick CMS and from Fidelity National Financial, Inc. (NYSE: FNF), a principal equity holder of Sedgwick CMS Holdings, Inc. along with Thomas H. Lee Partners, L.P. and Evercore Capital Partners. As the holder of all of the outstanding shares of SCC, Sedgwick CMS Holdings is now the parent and sole shareholder of the CMI group of companies including CompManagement, Inc., CompManagement Health Systems, Inc., Octagon Risk Services, Inc., Caronia Corporation, CMI Octagon, Inc., and CMI Barron Risk Management Services, Inc. The CMI companies provide a variety of third- party claims administration (TPA) and related medical management and consulting services to clients nationwide. "It is my privilege to officially welcome the clients and colleagues of the CMI family of companies to Sedgwick CMS," said Sedgwick CMS President and CEO David A. North. "We now look forward to fulfilling the potential of these new relationships through the enhancement of our service offerings, the leveraging of best practices wherever found, and the effective integration of support resources. Sedgwick Claims Management Services, Inc. is the leading North American provider of innovative claims and productivity management solutions. Sedgwick CMS and its affiliated companies deliver cost-effective claims administration, managed care, program management, risk consulting and related services to clients through the expertise of 6,000 colleagues in more than a hundred offices in the U.S. and Canada. The company specializes in workers' compensation; disability, FMLA and other employee absence; and general, automobile and professional liability claims services. Sedgwick CMS and its affiliates design and implement customized programs based on proven practices that meet client needs. For more see http://www.sedgwickcms.com/. Fidelity National Financial, Inc. (NYSE:FNF), number 248 on the Fortune 500, is a provider of outsourced products and services to a variety of industries. Through its majority-owned, publicly traded subsidiary, Fidelity National Title Group, Inc. (NYSE:FNT), FNF is one of the nation's largest title insurance companies, with nearly 29 percent national market share. Through its majority-owned, publicly traded subsidiary, Fidelity National Information Services, Inc. (NYSE:FIS), FNF provides an industry leading suite of data processing, payment and risk management services to financial institutions and retailers. Through its wholly-owned subsidiaries, FNF is also a leading provider of specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. Through its minority-owned subsidiary, Sedgwick Claims Management Services, Inc., FNF is a leading provider of outsourced insurance claims management services to large corporate and public sector entities. More information about the FNF family of companies can be found at http://www.fnf.com/, http://www.fntg.com/, http://www.fidelityinfoservices.com/ and http://www.sedgwickcms.com/. This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. FNF undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions, including changes in the financial markets; FNF's potential inability to find suitable acquisition candidates, acquisitions in lines of business that will not necessarily be limited to our traditional areas of focus, or difficulties in integrating acquisitions; FNF's dependence on operating subsidiaries as a source of cash flow; significant competition that our operating subsidiaries face; compliance with extensive government regulation of our operating subsidiaries; the possibility that the merger with the CMI companies will not be successful in achieving the goals targeted; and 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. DATASOURCE: Sedgwick Claims Management Services; Fidelity National Financial CONTACT: Frank J. Huffman, Senior Vice President, Corporate Communications of Sedgwick CMS, +1-901-415-7548, or ; or Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations of FNF, +1-904-854-8120, or Web site: http://www.sedgwickcms.com/ http://www.fnf.com/ http://www.fntg.com/ http://www.fidelityinfoservices.com/

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