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CNNE News and Press, Cannae Holdings Inc. From 12/07/20

Stock Information

Company Name: Cannae Holdings Inc.
Stock Symbol: CNNE
Market: NYSE
Website: cannaeholdings.com

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CNNE - Cannae Holdings, Inc. Announces $350 Million Investment in Foley Trasimene Acquisition Corp. II and Paysafe Merger

~ Foley Trasimene Acquisition Corp. II to Merge with Paysafe Group Holdings Limited ~ ~ Bill Foley to Become Chairman of the Newly Combined Company’s Board of Directors ~ Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”)...

CNNE - Cannae Holdings, Inc. Announces Promotion of David Ducommun to President

Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the promotion of David Ducommun to President effective January 1, 2021, succeeding Brent Bickett who, as previously announced, will transition to the role of Strategic Advisor. In a...

CNNE - Cannae Holdings, Inc. Announces Transition of Brent B. Bickett to Senior Advisor

Cannae Holdings, Inc. (NYSE:CNNE) today announced that Brent B. Bickett will transition from his role as President of the Company to a role as a Senior Advisor to Cannae effective December 31, 2020. “Brent has been the M&A leader for many of the companies I have been invo...

CNNE - Cannae/Senator take step to ensure 'legitimate' sale process for CoreLogic

Cannae Holdings (CNNE) and Senator Investment deliver to CoreLogic (CLGX) a request to set a record date in connection with a potential solicitation of written consents to remove and replace CoreLogic directors."We are hopeful that CoreLogic’s board will heed the clear mandate sharehol...

CNNE - Senator and Cannae Initiate Written Consent Process to Be Able to Remove and Replace Directors at CoreLogic

Providing Safeguard to Ensure CoreLogic Runs a Legitimate Sales Process to Maximize Value for Shareholders Deliver Request to Company to Set a Record Date for Potential Action by Written Consent Senator Investment Group LP (“Senator”) and Cannae Holding...

CNNE - Tracking Dan Loeb's Third Point Portfolio - Q3 2020 Update

Dan Loeb's 13F portfolio value increased from ~$7.30B to ~$10B this quarter. The number of positions increased from 36 to 47. Third Point added PG&E while dropping Baxter International and Raytheon Technologies during the quarter. The top three positions are at ~22% of the por...

CNNE - CoreLogic shareholders to add three Senator/Cannae nominees to board

CoreLogic ([[CLGX]] +1.0%) shareholders have voted to remove the company's longest-tenured directors from its board, according to both Senator Investment Group/Cannae Holdings ([[CNNE]] +0.6%) and CoreLogic.According to preliminary analysis from its proxy solicitor, more than 86% of votes cas...

CNNE - CoreLogic Shareholders Overwhelmingly Elect Senator and Cannae Nominees to Board

More Than 86% of All Votes Cast Were to Add Senator and Cannae Nominees W. Steve Albrecht, Wendy Lane and Henry W. “Jay” Winship to the CoreLogic Board Vote Results Represent Clear Mandate for CoreLogic to Promptly Run a Legitimate Process and Sell to the Highest...

CNNE - Cannae sells another tranche of Ceridian shares for $198.9M

Cannae Holdings (CNNE) sells ~2.14M shares of Ceridian HCM (CDAY), one of its portfolio companies, at a price of $93.00 per share.CDAY shares closed at $94.27 in Monday's session.Expects gross proceeds of $198.9M from the sale.Cannae owns ~9.5% of Ceridian, representing ~14M shares.Take a loo...

CNNE - CoreLogic receives written expressions of interest from multiple parties

Faced with a proxy fight by Cannae Holdings ([[CNNE]] +4.6%) and Senator Investment for control of its board, CoreLogic ([[CLGX]] +0.1%) says it has received written indications of interest in acquiring the company "at values of at least $80 per share from multiple competing parties."On Nov. ...

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