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Capital Title Group Inc. here is looking to move into the appraisal business as well. It has agreed to purchase Nationwide Appraisal Services Corp., Pittsburgh.
Besides being in the appraisal business, Nationwide will help Capital expand its title agency business as it is licensed as an agent to sell title policies in 35 states.
Capital will pay $25 million in cash at closing, with deferred payments of up to $3 million depending on specified conditions being met.
By acquiring ...