FTC moves to block $1.2 billion merger of Fidelity National and Stewart

The $1.2 billion merger of Fidelity National Financial and Stewart Information Services, two of the country’s largest title insurance providers, already had a major hurdle to clear after the New York Department of Financial Services said earlier this year that it does not approve of Fidelity National’s acquisition of Stewart’s New York title operation. But now, the companies have a much bigger problem on their hands: the Federal Trade Commission.