Cannae Holdings, Inc. Q4 2025 Earnings Call Summary

Management is accelerating a shift toward sports and entertainment assets where the company maintains a proprietary competitive advantage and can actively drive value. The sale of Dun & Bradstreet for $630 million and exits from Paysafe, System1, and Sightline represent a deliberate move away from non-strategic public securities. Black Knight Football Club (BKFC) is now the primary value driver, with AFC Bournemouth achieving significant transfer profits while maintaining Premier League performance. ...