SEC Form SC 13G/A filed by Cannae Holdings Inc. (Amendment)

$CNNE
Restaurants
Consumer Discretionary
Get the next $CNNE alert in real time by email
SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.2 CANNAE HOLDINGS INC COMMON STOCK Cusip #13765N107 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #13765N107 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 1,812,096 Item 6: 0 Item 7: 1,816,338 Item 8: 0 Item 9: 1,816,338 Item 11: 2.568% Item 12: HC Cusip #13765N107 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 1,816,338 Item 8: 0 Item 9: 1,816,338 Item 11: 2.568% Item 12: IN Item 1(a). Name of Issuer: CANNAE HOLDINGS INC Item 1(b). Address of Issuer's Principal Executive Offices: 1701 VILLAGE CENTER CIRCLE LAS VEGAS, NV 89134 US Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 13765N107 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 1,816,338 (b) Percent of Class: 2.568% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,816,338 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following (X). Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of CANNAE HOLDINGS INC. No one other person's interest in the COMMON STOCK of CANNAE HOLDINGS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of CANNAE HOLDINGS INC at December 29, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
Get the next $CNNE alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$CNNE

DatePrice TargetRatingAnalyst
12/20/2021$42.00Outperform
RBC Capital
More analyst ratings

$CNNE
Press Releases

Fastest customizable press release news feed in the world

See more
  • Cannae Holdings, Inc. Announces Support for Dun & Bradstreet Sale Transaction, An Increase in Share Buyback Authorization and a Transition to a Declassified Board

    ~ Dun & Bradstreet Sale Will Provide ~$632 Million of Cash Proceeds to Cannae ~ ~ Cannae Increases Share Buyback Authorization to 23 Million Shares and Reiterates Priority for Capital Return to Shareholders~ ~ Cannae Board to Transition to a Declassified Board ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced its support for the sale of Dun & Bradstreet ("DNB"), increased its share buyback authorization to approximately 23 million shares, and plans to transition to a declassified board with annual elections. William P. Foley, II, CEO and Chairman of Cannae, commented, "I would like to congratulate the DNB Board of Directors and management team on their rece

    $CNNE
    Restaurants
    Consumer Discretionary
  • Cannae Holdings, Inc. Responds to Carronade Capital and Affirms the Board of Directors' and Management's Focus on Driving Long-Term Value Creation

    Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today issued a response to Carronade Capital's recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational expenses. These steps aim to grow the net asset value ("NAV") of our portfolio and close Cannae's share price discount to NAV. At that time, the Cannae Board appointed William P. Foley, II, as Chief Executive Officer to execute o

    $CNNE
    Restaurants
    Consumer Discretionary
  • Carronade Says Dramatic Change Needed at Cannae Holdings to Halt Persistent Underperformance and Egregious Governance Practices

    Nominates Four Director Candidates with Expertise, Independence and Accountability Required to Unlock Shareholder Value Believes Proposed Initiatives Could Result in Share Price Upside of at Least 50% DARIEN, Conn., March 20, 2025 (GLOBE NEWSWIRE) -- Carronade Capital Management, LP (together with its affiliates, "Carronade Capital", "our" or "we"), which beneficially owns approximately 2.9 million shares of Common Stock of Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") and is one of the Company's top five shareholders, today announced it has issued the below letter to Cannae's Board of Directors (the "Board") and nominated four independent director candidates for the

    $CNNE
    Restaurants
    Consumer Discretionary

$CNNE
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$CNNE
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$CNNE
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$CNNE
SEC Filings

See more

$CNNE
Leadership Updates

Live Leadership Updates

See more
  • Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement

    ~ Further Aligns Management with Shareholders ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company has agreed to wind down its Management Services Agreement ("MSA") with Trasimene Capital Management, LLC ("Trasimene"). Effective July 2, 2024, the MSA will be amended and restated to provide that Trasimene will receive a fixed management fee of $7.6 million for each of the following three years, and a $20 million termination fee, payable in three annual installments commencing on July 2, 2024, and no fees thereafter. As a result, Trasimene will not receive any incremental management fees or carried interest on investments made by the Company on

    $CNNE
    Restaurants
    Consumer Discretionary
  • Cannae Holdings, Inc. Announces William P. Foley II as CEO

    Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan Caswell will continue as the President of the Company. William P. Foley, II, commented, "I am very excited to assume the role of Chief Executive Officer and continue working with Rick Massey and our portfolio management team while sourcing new private investments that offer outsized, risk-adjusted returns." About Cannae Holdings, Inc.

    $ALIT
    $CNNE
    $DNB
    $PSFE
    Business Services
    Consumer Discretionary
    Restaurants
    Finance: Consumer Services
  • Cannae Holdings, Inc. Announces Appointment of Two New Board Members

    LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the appointment of two new board members to the Company’s board of directors, effective February 18, 2021. Joining the board are Barry Moullet and David Aung. These appointments increase Cannae’s total board membership to 11. Mr. Moullet was appointed to Cannae’s Compensation Committee of the board and Mr. Aung was appointed to Cannae’s Corporate Governance and Nominating Committee of the board. “I could not be more excited to welcome and announce the appointment of Barry and David to our Board of Directors,” commented William P. Foley, II, Chairman. “Combined, Barry and Dav

    $CNNE
    Restaurants
    Consumer Discretionary

$CNNE
Financials

Live finance-specific insights

See more
  • Cannae Holdings, Inc. Responds to Carronade Capital and Affirms the Board of Directors' and Management's Focus on Driving Long-Term Value Creation

    Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today issued a response to Carronade Capital's recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational expenses. These steps aim to grow the net asset value ("NAV") of our portfolio and close Cannae's share price discount to NAV. At that time, the Cannae Board appointed William P. Foley, II, as Chief Executive Officer to execute o

    $CNNE
    Restaurants
    Consumer Discretionary
  • Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

    ~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its fourth quarter and full year 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the fourth quarter and full year 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, February 24, 2025 at 5:00pm (Eastern Time), to discuss its fourth quarter and full year 2024 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking fo

    $CNNE
    Restaurants
    Consumer Discretionary
  • Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12

    Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable March 31, 2025, to shareholders of record as of March 17, 2025. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily

    $CNNE
    Restaurants
    Consumer Discretionary

$CNNE
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more