---
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"
generated_at: "2026-05-17T09:58:16.827750+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cannae receives $630M from Dun & Bradstreet sale; plans $500M capital return

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-25-000091
- JSON: https://secwatch.observer/filing/0001704720-25-000091.json
- Plain text: https://secwatch.observer/filing/0001704720-25-000091.txt

## Key facts
- M&A Transactions
  Cannae Holdings, Inc. completed a disposition involving Clearlake Capital Group, L.P. for $540.3 million (closed 2025-08-26).
  - Action: disposition
  - Counterparty: Clearlake Capital Group, L.P.
  - Consideration: $540.3 million
  - Closing: 2025-08-26
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1704720/000170472025000091/0001704720-25-000091-index.htm

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