---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-045685"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2022-02-18T23:59:59+00:00"
generated_at: "2026-06-27T06:39:07.763043+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cannae sells 20% Optimal Blue stake to Black Knight for $578M; 2x return in 18 months

## Summary
- Total consideration: $144.5M cash + 21.8M shares of Dun & Bradstreet (DNB) valued at $433.5M.
- Original investment of $289M returned 2x; deal closed Feb 15, 2022.
- Cannae's DNB ownership increases from 68M shares (16%) to 88M shares (20%).
- Chairman Foley cites expanded growth opportunities in D&B both organically and inorganically.

## SEC filing metadata
- accession: 0001193125-22-045685
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2022-02-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000119312522045685/0001193125-22-045685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000119312522045685/d237425d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-045685
- JSON: https://secwatch.observer/filing/0001193125-22-045685.json
- Plain text: https://secwatch.observer/filing/0001193125-22-045685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.