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Security Title Trust Agency Of Alaska Inc

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April 22, 1989 | James S. Granelli, Times staff writer
First American Title Insurance Co. in Santa Ana, one of the nation's largest title insurers, has purchased a major title and trust firm in Alaska in exchange for stock valued at $554,000. The stock is in First American's parent firm, First American Financial Corp. First American also assumed certain debts of Security Title & Trust Agency of Alaska Inc., which was purchased from the Alaska Teamster-Employer Pension Trust. The Anchorage firm recorded income of $2.1 million last year.
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BUSINESS
April 22, 1989 | James S. Granelli, Times staff writer
First American Title Insurance Co. in Santa Ana, one of the nation's largest title insurers, has purchased a major title and trust firm in Alaska in exchange for stock valued at $554,000. The stock is in First American's parent firm, First American Financial Corp. First American also assumed certain debts of Security Title & Trust Agency of Alaska Inc., which was purchased from the Alaska Teamster-Employer Pension Trust. The Anchorage firm recorded income of $2.1 million last year.
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