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* Signs stock purchase agreement for underwriters
* Says 1031 subsidiary file for Bankruptcy protection
* Says LandAmerica and 1031 subsidiary file for Bankruptcy protection
* Says is seeking a motion for expedited approval of transactions contemplated
by stock purchase agreement
* Says none of the other many businesses of LandAmerica are seeking bankruptcy
protection
* Says Fidelity and Chicago Title will pay the Co. $298 million in total for
Commonwealth, Lawyers Title and United
* Says plans to continue its assessment of strategic opportunities for its
remaining businesses
* Says Lawyers Title and Commonwealth are entirely solvent
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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