{"schema_version":"secwatch.filing_event.v1","accession":"0001704720-25-000091","form_type":"8-K","ticker":"CNNE","cik":"0001704720","company_name":"Cannae Holdings, Inc.","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.721653+00:00","generated_at":"2026-05-17T09:58:16.827750+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cannae receives $630M from Dun & Bradstreet sale; plans $500M capital return","bullets":["Total proceeds of $630M from D&B sale: $540.3M at closing + $90M from 10M shares sold in Q2 2025.","Plans to deploy $500M: $300M share repurchases, $60M for future dividends, and margin loan repayment.","Will invest $67.5M to increase JANA Partners stake to 50%; also $30M in JANA funds and $25M in Black Knight Football.","Invests $25M in Black Knight Football capital raise; multi-club operator showing strong success.","Annual shareholder meeting set for Dec 12, 2025; proxy deadline for proposals Sep 5, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001704720-25-000091","json":"https://secwatch.observer/filing/0001704720-25-000091.json","markdown":"https://secwatch.observer/filing/0001704720-25-000091.md","text":"https://secwatch.observer/filing/0001704720-25-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1704720/000170472025000091/0001704720-25-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1704720/000170472025000091/cnne-20250826.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:58:16.827750+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"681e14f67bf823066ce8454e9d99dbc2839f28d2","claim":"Cannae Holdings, Inc. completed a disposition involving Clearlake Capital Group, L.P. for $540.3 million (closed 2025-08-26).","evidence_excerpt":"common stock they owned. In conjunction with the D&B Sale, Cannae Holdings, Inc. (the \"Company\") disposed of all of its equity interests in D&B for aggregate cash proceeds of $540.3 million (the \"D&B Disposition\") and no longer holds any ownership interest in D&B. Additional information regarding the D&B Sale can be found in D&B’s filings with the Securities and","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1704720/000170472025000091/0001704720-25-000091-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Clearlake Capital Group, L.P."},{"label":"Consideration","value":"$540.3 million"},{"label":"Closing","value":"2025-08-26"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}