Capital Title Will Not Pay Dividend As It Goes Through Acquisition

May 26, 2006

SCOTTSDALE, Ariz. (AP) -- Capital Title Group Inc., a provider of title and appraisal services, on Friday said it would not issue a quarterly cash dividend for the quarter ended June 30.

The company is being acquired by title insurance company LandAmerica Financial Group Inc., for about $251 million in cash and stock, under a deal announced in March.

Source: Capital Title Group Inc.


Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.