Cannae Holdings Completes Asset Acquisition/Disposition
Ticker: CNNE · Form: 8-K · Filed: Aug 26, 2025 · CIK: 1704720
| Field | Detail |
|---|---|
| Company | Cannae Holdings, INC. (CNNE) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $7.7 billion, $9.15, $540.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, disposition, assets
Related Tickers: CNNE
TL;DR
Cannae Holdings just bought or sold assets, details TBD.
AI Summary
On August 26, 2025, Cannae Holdings, Inc. announced the completion of an acquisition or disposition of assets. The filing also noted other events, but specific details regarding the transaction, including the nature of the assets, the counterparty, and any financial figures, were not disclosed in this initial report.
Why It Matters
This filing indicates a significant corporate action by Cannae Holdings, Inc., which could impact its business strategy, financial performance, and shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates a significant corporate event (acquisition/disposition) without providing immediate details, creating uncertainty about the transaction's nature and impact.
Key Players & Entities
- Cannae Holdings, Inc. (company) — Registrant
- August 26, 2025 (date) — Date of Report
FAQ
What specific assets were acquired or disposed of by Cannae Holdings, Inc.?
The filing does not specify the nature of the assets involved in the acquisition or disposition.
Who was the counterparty in this acquisition or disposition transaction?
The filing does not disclose the name of the other party involved in the transaction.
What was the financial value of the completed acquisition or disposition?
The filing does not provide any financial figures related to the transaction.
When did the acquisition or disposition officially close?
The filing states the date of the report is August 26, 2025, and this is also the date as of which the event is reported, implying the completion occurred on or before this date.
Are there any other significant events reported by Cannae Holdings, Inc. on this date?
Yes, the filing indicates 'Other Events' in addition to the completion of an acquisition or disposition of assets.
Filing Stats: 1,048 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2025-08-26 16:23:21
Key Financial Figures
- $0.0001 — Which Registered Cannae Common Stock, $0.0001 par value CNNE New York Stock Exchange
- $7.7 billion — Bradstreet") in a transaction valued at $7.7 billion (the "D&B Sale"). At closing of the D&B
- $9.15 — Dun & Bradstreet shareholders received $9.15 in cash for each share of D&B common st
- $540.3 million — s in D&B for aggregate cash proceeds of $540.3 million (the "D&B Disposition") and no longer h
Filing Documents
- cnne-20250826.htm (8-K) — 38KB
- exhibit991pressreleasedate.htm (EX-99.1) — 26KB
- exhibit992unauditedproform.htm (EX-99.2) — 156KB
- 0001704720-25-000091.txt ( ) — 352KB
- cnne-20250826.xsd (EX-101.SCH) — 2KB
- cnne-20250826_lab.xml (EX-101.LAB) — 21KB
- cnne-20250826_pre.xml (EX-101.PRE) — 12KB
- cnne-20250826_htm.xml (XML) — 3KB
01. Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets. On August 26, 2025, Clearlake Capital Group, L.P. completed its previously announced acquisition of Dun & Bradstreet Holdings, Inc. ("D&B" or "Dun & Bradstreet") in a transaction valued at $7.7 billion (the "D&B Sale"). At closing of the D&B Sale, Dun & Bradstreet shareholders received $9.15 in cash for each share of D&B common stock they owned. In conjunction with the D&B Sale, Cannae Holdings, Inc. (the "Company") disposed of all of its equity interests in D&B for aggregate cash proceeds of $540.3 million (the "D&B Disposition") and no longer holds any ownership interest in D&B. Additional information regarding the D&B Sale can be found in D&B's filings with the Securities and Exchange Commission.
01. Other Events
Item 8.01. Other Events. Press Release On August 26, 2025, the Company issued a press release announcing the completion of the D&B Disposition and certain other Company initiatives and events, including the scheduled date of the Company's annual meeting of shareholders. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. 2025 Annual Meeting of Shareholders The Company has scheduled the Company's 2025 annual meeting of shareholders ("2025 Annual Meeting") for December 12, 2025. Further information about the 2025 Annual Meeting will be specified in the Company's proxy statement for the 2025 Annual Meeting. Because the date of the 2025 Annual Meeting is more than thirty (30) days after the anniversary of the Company's 2024 annual meeting of shareholders (the "2024 Annual Meeting"), the Company has set a new deadline for the receipt of shareholder proposals submitted for the 2025 Annual Meeting pursuant to Rule 14a-8 ("Rule 14a-8") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). If a shareholder desires to present a proposal for inclusion in the Company's proxy statement for the 2025 Annual Meeting pursuant to Rule 14a-8, the proposal must be submitted in writing to the Company at 1701 Village Center Circle, Las Vegas, NV 89134 no later than September 5, 2025, which is ten (10) days following the date hereof and the date that the Company has determined to be a reasonable time before the Company plans to begin printing and mailing its proxy materials. Additionally, to be included in the Company's proxy materials, proposals must also comply with the rules and regulations of the Securities and Exchange Commission. In addition, pursuant to the Company's bylaws (the "Bylaws"), if the 2025 Annual Meeting is held more than thirty (30) days after the anniversary of the 2024 Annual Meeting, notice of any director nomination(s) or other proposal(s) that a
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (b) Pro forma financial information. The unaudited pro forma financial information of the Company giving effect to the D&B Disposition is attached hereto as Exhibit 99.2. (d) Exhibits Exhibit Description 99.1 Press release dated August 26 , 2025 99.2 Unaudited pro forma financial information 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Cannae Holdings, Inc. Date: August 26, 2025 By: /s/ Michael L. Gravelle Name: Michael L. Gravelle Title: Executive Vice President, General Counsel and Corporate Secretary