Welcome to our dedicated page for Cannae Holdings news (Ticker: CNNE), a resource for investors and traders seeking the latest updates and insights on Cannae Holdings stock.
Cannae Holdings, Inc. issues updates as an investment holding company that acquires interests in operating companies and actively manages a core group of portfolio businesses. News commonly covers financial results, shareholder letters, quarterly cash dividends, share repurchase authorizations, and asset-level performance across holdings.
Company updates also address portfolio activity in Black Knight Football Club, including its professional football club interests and FC Lorient ownership, along with Cannae’s reported exposure to restaurant operations, Alight, and JANA.
Senator Investment Group and Cannae Holdings have nominated nine candidates for the CoreLogic Board of Directors, emphasizing their intention to maximize shareholder value. The nominees assert their independence from the nominating firms and commit to evaluating all offers objectively. They encourage shareholders to vote for their election using the GOLD Proxy Card. The Special Meeting for these elections is scheduled for November 17, 2020, with the nominees urging shareholders to support two by-law proposals as well.
Senator Investment Group and Cannae Holdings have issued a statement regarding CoreLogic, emphasizing their desire for a legitimate sales process. CoreLogic is reportedly engaging with potential buyers at a valuation of at least $80 per share. However, concerns persist about the company's commitment to a fair process, as recent reports indicate potential acquirers have faced delays. As the largest shareholder, Senator plans to elect independent director candidates to ensure shareholder interests are prioritized. They encourage stakeholders to vote in support of their proposals at the special meeting on November 17, 2020.
Cannae Holdings, Inc. (NYSE:CNNE) will announce its third-quarter financial results for the period ending September 30, 2020, on November 9, 2020, before market open. The results will be available on the company’s Investor Relations webpage. Cannae, led by investor William P. Foley, II, focuses on managing and operating a portfolio of companies for enhanced financial performance. Key holdings include an 18% stake in Dun & Bradstreet and an 11% interest in Ceridian. Cannae aims to maximize asset value through strategic equity investments.