[SCHEDULE 13D/A] Dun & Bradstreet Holdings, Inc. SEC Filing
Rhea-AI Filing Summary
Dun & Bradstreet Holdings, Inc. Schedule 13D Amendment No. 6 reports that Cannae-related Reporting Persons no longer beneficially own any Class A common stock following completion of a cash merger. Under the Merger Agreement, each outstanding share was cancelled and converted into the right to receive $9.15 cash per share. DNB Holdco, LLC previously sold 1,000,000 shares on June 17, 2025 at $9.06 per share. The filing states that DNB Holdco disposed of 24,048,691 shares and Cannae Funding D, LLC disposed of 35,000,000 shares, for combined consideration of $540,295,523. The Reporting Persons now report 0 shares owned out of 446,189,224 outstanding shares as of August 1, 2025.
Positive
- Certainty of cash exit: All Reporting Persons received $9.15 per share in cash pursuant to the Merger Agreement
- Material proceeds disclosed: Combined consideration of $540,295,523 for the disclosed disposals
- Final amendment: This Amendment No. 6 is filed as the final amendment confirming 0 shares owned by the Reporting Persons
Negative
- Loss of >5% ownership: Reporting Persons ceased to be beneficial owners of more than 5% of DNB on August 26, 2025
- Prior partial sale at slightly lower price: DNB Holdco sold 1,000,000 shares on June 17, 2025 at $9.06 per share, marginally below merger consideration
Insights
TL;DR: Cannae exits DNB via a cash merger at $9.15 per share, converting all holdings to cash and reporting zero ownership.
The filing is a final amendment confirming the Reporting Persons no longer hold any DNB common stock following the August 26, 2025 merger consideration of $9.15 per share. The disclosure quantifies prior dispositions, including a June 17, 2025 sale of 1,000,000 shares at $9.06 and the cancellation/conversion of the remaining holdings totaling 59,048,691 shares for approximately $540.3 million. For investors, this clarifies ownership changes and removes Cannae as a >5% beneficial owner.
TL;DR: The merger closed on August 26, 2025, triggering mandatory cashout at $9.15 per share and the complete termination of Cannae’s equity stake.
The Schedule 13D/A documents transactional mechanics: the Merger Agreement effected cancellation and cash conversion of all outstanding shares held by the Reporting Persons. The precise per-share cash consideration and aggregate proceeds are provided, demonstrating the transaction was executed per agreement terms. This filing serves to finalize public disclosure of the acquirer's treatment of former large shareholders.