Fidelity National Financial Inc. and FGL Holdings on Monday announced the completed acquisition of FGL Holdings by FNF. Under the terms of the definitive agreement, FNF issued approximately 27 million shares of FNF common stock and paid about $1.8 billion in cash to former holders of FGL ordinary and preferred shares. FGL Holdings is the parent company of Des Moines-based annuity provider and life insurer Fidelity & Guaranty Life. FNF, a Fortune 500 company with headquarters in Jacksonville, Fla., is the largest U.S. title insurance company. “The team at F&G is excited to join the FNF family of companies, and we believe that, under the ownership and guidance of FNF, we will be able to power growth in our core channels, jump-start our expansion into new channels, and accelerate our path towards higher ratings,” said Chris Blunt, president and CEO of F&G. The companies announced the planned acquisition, valued at $2.7 billion, in February. Share prices of FNF were up more than 2% at the close of trading Monday.