NEW YORK (Standard&Poor's) Dec. 27, 2005--Standard&Poor's Ratings Services said today that its ratings on Fidelity National Financial Inc. (NYSE:FNF; BBB-/Watch Pos/--) and related entities will not be affected by FNF's announcement earlier today that it has signed a definitive agreement to acquire Sedgwick CMS Holdings Inc. (Sedgwick), a provider of insurance claims-management services with expected 2005 revenue of nearly $400 million. Standard&Poor's considers the acquisition to be consistent with FNF's stated intent to explore modest-sized acquisitions and continue the parent company's diversification plans. As of Sept. 30, 2005, FNF's consolidated revenues of $7.2 billion consisted primarily of title insurance (65%) and the company's information-based subsidiary, Fidelity National Information Services Inc. (27%), with the remainder
