M&A
confidence high
sentiment neutral
materiality 0.70
Cannae Holdings agrees to vote its 69M D&B shares in favor of Clearlake buyout
Cannae Holdings, Inc.
- Cannae owns 69,048,691 shares of Dun & Bradstreet (DNB) common stock.
- Under Voting Agreement, Cannae must vote for the merger and against competing proposals.
- Cannae may sell up to 10M of its DNB shares before merger close; remaining shares locked.
- Cannae waives appraisal rights under Delaware law with respect to the merger.
- The agreement terminates upon merger completion or termination of Merger Agreement.