Cannae Holdings, Inc. Announces Black Knight Football Club’s (BKFC) Acquisition of Remaining 60% of FC Lorient
CNNELAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that Black Knight Football Club (“BKFC”) has acquired the remaining equity interests in FC Lorient ( “FCL”), and is now the sole shareholder of FCL, a French Ligue 1 football club founded in 1926 and based in Lorient, Brittany, France. Loïc Féry, the previous majority owner, is taking a portion of his consideration in BKFC shares, and will retain his position as president of FC Lorient, a
Cannae Holdings, Inc. Notes Closing of Dun & Bradstreet Sale and $630 Million in Proceeds
CNNELAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today noted the closing of Clearlake Capital’s acquisition of Dun and Bradstreet Holdings, Inc. (“DNB”). Cannae’s portion of the proceeds is $630 million, including $90 million from the Company’s sale of 10 million shares of DNB in the second quarter of 2025. The DNB sale represents another successful step in the Board’s strategic value creation plan aimed at enhancing long term shareholder value through
Cannae Holdings, Inc. Announces Second Quarter 2025 Financial Results
CNNELAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its second quarter 2025 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the second quarter 2025 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call today, August 11, 2025 at 5:00pm (Eastern Time), to discuss its second quarter 2025 re
Cannae Holdings, Inc. Announces 25% Increase in Quarterly Cash Dividend
CNNELAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors has declared an increase in the Company’s quarterly cash dividend of 25% to $0.15 per common share, from the previous quarterly cash dividend of $0.12 per common share, as the Board continues its commitment to return capital to shareholders. The dividend will be payable September 30, 2025, to shareholders of record as of September 16, 2025. About Cannae Holdings
Cannae Holdings, Inc. Announces Black Knight Football Club’s Acquisition of a Majority Interest in Moreirense Futebol Clube, a Portuguese Primeira Football Club
CNNELAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that Black Knight Football Club (“BKFC”) has acquired a majority ownership interest in Moreirense Futebol Clube (“Moreirense FC” or the “Club”), a Portuguese Primeira Liga football club, founded in 1939 and based in Moreira de Cónegos, Portugal. The investment in Moreirense FC advances BKFC’s multi-club ownership strategy of building a global network of world-class football clubs, players,
RBC Capital Reiterates Outperform on Cannae Holdings, Maintains $22 Price Target
CNNECannae Holdings Q1 EPS $(0.59) Misses $(0.40) Estimate, Sales $103.20M Miss $105.30M Estimate
CNNECannae Announces It Has Entered Into an Agreement To Acquire An Additional 30% Stake In Jana, And Post-Closing Will Have Total Ownership Of 50% In Exchange For An Upfront Payment Of $67.5M, With Potential Further Payments Aggregating $26M
CNNECannae Holdings Appoint Doug Ammerman As Chairman Of The Board & Ryan Caswell As CEO. Company Also Expands Relationship With JANA Partners
CNNECannae Holdings To Allocate $460M From Dun & Bradstreet Sale For Stock Buybacks, Dividends And Debt Reduction
CNNECannae Holdings Increase Share Buyback Authorization to ~23M Shares
CNNECarronade Capital Issued Letter To Board Of Cannae Holdings; Believes Proposed Initiatives Could Result In Share Price Upside Of At Least 50%
CNNEOppenheimer Maintains Outperform on Cannae Holdings, Lowers Price Target to $22
CNNERBC Capital Maintains Outperform on Cannae Holdings, Lowers Price Target to $23
CNNECannae Holdings Q4 GAAP EPS $(0.74) Misses $(0.29) Estimate, Sales $109.90M Beat $105.90M Estimate
CNNERBC Capital Maintains Outperform on Cannae Holdings, Raises Price Target to $27
CNNE