Tag Archives: JAX Spinoff

FNFV’s ABRH Restaurant Spinoff Postponed Indefinitely

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After successfully spinning off J. Alexanders (JAX) late last year, Fidelity National Ventures (FNFV) was set to spin off the rest of its restaurant assets under the holding company American Blue Ribbon Holding. Then plans changed. The headline was that the spin was delayed due to ‘market conditions’, a catchall phrase that is especially useful during market volatility, but… Read More »

Bye Fidelity- Restaurant Anti-Chain J Alexander To Be Spun Off Next Week

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Fidelity National Financial (FNF) went on a buying spree during the crisis and snapped up an eclectic bunch of assets. The company set up a tracking stock, quite a rare breed, FNFV, in order to track the value of this eclectic group of businesses. After some prodding from Corvex Capital, the company is now in the process of monetizing… Read More »