First Quarter 2024 Update CANNAE HOLDINGS, INC. / FIRST QUARTER 2024 UPDATE This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because ...

Cannae Holdings, Inc. (CNNE) closed the last trading session at $21.98, gaining 8.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28 indicates a 27.4% upside potential.The average comprises three short-term price targets ranging from a low of $27 to a high of $30, with a standard deviation of $1.73. While the lowest estimate indicates an increase of 22.8% from the current price ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the commencement of a tender offer (the “Offer”) to purchase up to $200 million in aggregate purchase price of its outstanding shares of common stock, par value $0.0001 per share (the “Securities”), or such lesser aggregate purchase price of the Securities as are properly tendered and not properly withdrawn, at a single per-Security price not greater than $23.75 nor less than $20.75 per share to the se ...

(Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-38300 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Ac ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors voted to expand the size of its board to twelve members, and elected Doug Ammerman as an independent member of its Board of Directors, effective February 27, 2024. Mr. Ammerman, a retired partner of KPMG LLC, joins eleven current Cannae board members with extensive expertise and experience across multiple industries. Mr. Ammerman will serve as a director until the Company’s ...

LAS VEGAS--(BUSINESS WIRE)--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 Jul ...

Shares of Cannae Holdings, Inc. (CNNE) have gained 6.5% over the past four weeks to close the last trading session at $21.84, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27.33 indicates a potential upside of 25.1%.The mean estimate comprises three short-term price targets with a standard deviation of $2.52. While the lowest estimate of $25 indicates a 14.5% increase from th ...

Cannae Holdings, Inc. (NYSE:CNNE) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Company Participants Jamie Lillis - Managing Director, Solebury Strategic Communications William Foley - Chairman and Chief Executive Officer Ryan Caswell - President Bryan Coy - Chief Financial Officer Conference Call Participants Kenneth Lee - RBC Capital Markets Jonathan Bass - Stephens Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Incorporated Fourth Quarter and Full Year 2 ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced a strategic partnership with JANA Partners (“JANA”), an investment firm focused on creating value through shareholder engagement. The strategic partnership will help Cannae drive shareholder value by sourcing new control acquisitions and similar strategic opportunities and will enhance returns for JANA’s investors by expanding JANA’s industry operator network and providing an M&A catalyst when it may m ...

TM Fourth Quarter 2023 Update This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as t ...