Bloomberg News

First American Offers to Buy CoreLogic Units, Company

October 20, 2011

(Corrects first paragraph to show that CoreLogic was spun off from First American Financial.)

Oct. 20 (Bloomberg) -- First American Financial Corp., the title insurer that spun off CoreLogic Inc. last year, urged the provider of mortgage data not to sell itself and instead consider divesting units.

First American, which holds the largest stake in CoreLogic, has offered to buy units or the entire company if it proceeds with a sale, the Santa Ana, California-based insurer said today in a regulatory filing.

--With assistance from Jody Shenn in New York. Editors: Dan Kraut, Dan Reichl.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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